SCHEDULES
SCHEDULE 4Cash basis for small businesses
PART 1Main provisions
Rules restricting deductions
11
1
Section 55A (expenditure on integral features) is amended as follows.
2
The existing provision becomes subsection (1).
3
After that subsection insert—
2
But section 33A(3) of CAA 2001 does not apply in calculating the profits of a trade on the cash basis.