Part 3Trading income
Chapter 1Introduction
34Overview of Part
1
This Part applies the charge to corporation tax on income to—
a
the profits of a trade (see Chapter 2), and
b
post-cessation receipts arising from a trade (see Chapter 15).
2
Chapters 3 to 14 contain rules relevant to tax under this Part.
3
Chapter 16 contains rules that give priority to provisions outside this Part in relation to certain matters that fall within it.
4
This Part needs to be read with Parts 19 (general exemptions) and 20 (general calculation rules).