Income Tax (Trading and Other Income) Act 2005

Adjustment on change of basis

This section has no associated Explanatory Notes

76(1)Chapter 7 of Part 3 applies to a change of basis taking effect for a period of account which ends on or after 6th April 2005.

(2)For this purpose the period of account for which a change of basis takes effect is the first period of account for which the new basis is adopted.