Part 2U.K.Trading income

Chapter 11U.K.Trade profits: other specific trades

[F1Cash basis accountingU.K.

Textual Amendments

F1S. 148K and cross-heading inserted (with effect in accordance with Sch. 4 paras. 56, 57 of the amending Act) by Finance Act 2013 (c. 29), Sch. 4 para. 28

148KApplication of Chapter to the cash basisU.K.

The following sections do not apply in calculating the profits of a trade, profession or vocation on the cash basis—