{
  "url": "https://openlegislation.uk/finance-act-2013/schedule-4/paragraph-13",
  "json_url": "https://openlegislation.uk/finance-act-2013/schedule-4/paragraph-13.json",
  "legislation": "ukpga/2013/29",
  "legislation_title": "Finance Act 2013",
  "legislation_url": "https://openlegislation.uk/finance-act-2013",
  "path": "schedule/4/paragraph/13",
  "kind": "paragraph",
  "number": "13",
  "heading": null,
  "text": "After section 56 insert—\n“Cash basis accounting\nApplication of Chapter to the cash basis\n56A (1) The following sections do not apply in calculating the profits of a trade on the cash basis—\nsections 60 to 67 (tenants under taxed leases),\nsection 68 (replacement and alteration of trade tools).\n(2) For rules allowing deductions that apply only where profits are calculated on the cash basis, see the following—\nsection 57B (cash basis: interest payments on loans).\n(3) In calculating the profits of a trade on the cash basis, any reference in this Chapter to the incurring of expenses is to be read as a reference to the paying of expenses.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2013/29/schedule/4/paragraph/13",
    "retrieved_at": "2026-10-29T09:08:06.076240+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}