SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Income Tax (Trading and Other Income) Act 2005 (c. 5)
609
1
Amend section 180 (cost to buyer of stock valued on sale basis of valuation) as follows.
2
In subsection (1) after “trade” insert “
, profession or vocation
”
.
3
In subsection (2)(b) for “section 100(1A) to (1C) of ICTA” substitute “
section 164(3) or sections 165 to 167 of CTA 2009
”
.