SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Income Tax (Trading and Other Income) Act 2005 (c. 5)
556
In section 631(7)
(retained and accumulated income) for “the total income” substitute “
the child's total income or net income at Step 2 or 3 of the calculation in section 23 of ITA 2007
”
.