SCHEDULES

SCHEDULE 4 U.K.Cash basis for small businesses

PART 1 U.K.Main provisions

Disposal and acquisition of know-how U.K.

31 U.K.In Chapter 14 (disposal and acquisition of know-how), before section 192 insert—

“191A Chapter not to apply where cash basis used

Nothing in this Chapter applies in calculating the profits of a trade on the cash basis.”