Part 3Property income
C1Chapter 10Post-cessation receipts
Annotations:
Modifications etc. (not altering text)
Charge to tax on post-cessation receipts
350Extent of charge to tax
1
A post-cessation receipt is chargeable to tax under this Chapter only so far as the receipt is not otherwise chargeable to income or corporation tax.
2
Accordingly, a post-cessation receipt arising from a UK property business is not chargeable to tax under this Chapter so far as it is brought into account in calculating the profits of the business for any period.
Pt. 3 Ch. 10 applied (with modifications) (22.7.2020) by Finance Act 2020 (c. 14), Sch. 16 para. 2(4)(a)