Part 3 U.K.Trading income

Chapter 15U.K.Post-cessation receipts

Meaning of “post-cessation receipts”U.K.

191Other rules about what counts as post-cessation receiptsU.K.

(1)The following provisions treat certain amounts as post-cessation receipts for the purposes of this Part—

(2)Section 95 (acquisition of trade: receipts from transferor's trade) and section 194 (transfer of rights if transferee does not carry on trade) treat certain amounts as not being post-cessation receipts for the purposes of this Part.