{
  "url": "https://openlegislation.uk/finance-act-2022/schedule-1/paragraph-46",
  "json_url": "https://openlegislation.uk/finance-act-2022/schedule-1/paragraph-46.json",
  "legislation": "ukpga/2022/3",
  "legislation_title": "Finance Act 2022",
  "legislation_url": "https://openlegislation.uk/finance-act-2022",
  "path": "schedule/1/paragraph/46",
  "kind": "paragraph",
  "number": "46",
  "heading": "Income Tax Act 2007",
  "text": "(1) Section 75 (trade leasing allowances given to individuals) is amended as follows.\n(2) In subsection (5)—\n(a) omit “the basis period for”;\n(b) omit “(“the loss-making basis period”)”.\n(3) In subsection (6), in each of paragraphs (a) and (b), for “loss-making basis period” substitute “tax year”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2022/3/schedule/1/paragraph/46",
    "retrieved_at": "2026-10-29T08:57:50.927298+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."
}