# Capital Allowances Act 2001, Section 270CA: Qualifying activities


Each of the following is a qualifying activity for the purposes of this Part—
(a) a trade,
(b) a UK property business,
(c) an ... overseas property business,
(d) a profession or vocation,
(e) the carrying on of a concern listed in section 12(4) of ITTOIA 2005 or section 39(4) of CTA 2009 (mines, quarries and other concerns), and
(f) managing the investments of a company with investment business,
but only to the extent that the profits or gains from the activity are, or (if there were any) would be, chargeable to tax.

---
Source: https://www.legislation.gov.uk/ukpga/2001/2/section/270CA (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-270CA
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.