Income Tax (Trading and Other Income) Act 2005

This section has no associated Explanatory Notes

472(1)Amend Schedule 20 (changes for facilitating self-assessment: transitional provisions and savings) as follows.U.K.

(2)Omit paragraphs 1 to 10.

(3)In paragraph 11—

(a)in sub-paragraph (1) omit “Subject to paragraph 12(2) below,”,

(b)in sub-paragraph (3) for “under Case VI of Schedule D” substitute “ to income tax ”, and

(c)in sub-paragraph (3) at the end insert “ , and the person shall be liable for any tax so chargeable ”.

(4)Omit paragraphs 12 and 13.