SCHEDULES

SCHEDULE 3Tainted charity donations

Part 4Consequential amendments

Income Tax (Trading and Other Income) Act 2005

6

In section 108 of ITTOIA 2005 (gifts of trading stock to charities etc), in subsection (5)—

a

after “This section” insert

—

a

b

at the end insert

, and

b

is subject to section 809ZM of ITA 2007 (removal of income tax relief in respect of tainted charity donations etc).