Income Tax (Trading and Other Income) Act 2005

90Expenses connected with designs or trade marks
This section has no associated Explanatory Notes

(1)In calculating the profits of a trade, a deduction is allowed for expenses incurred in obtaining for the purposes of the trade—

(a)the registration of a design or trade mark,

(b)the extension of a period for which the right in a registered design subsists, or

(c)the renewal of registration of a trade mark.

(2)This section does not apply to professions or vocations.