Paragraph 54 Income Tax Act 2007
United Kingdom
(1)
Section 525 (meaning of “charitable trade”) is amended as follows.
(2)
In subsection (1), in the words before paragraph (a), omit “the basis period for”.
(3)
Omit subsection (5).
United Kingdom
Section 525 (meaning of “charitable trade”) is amended as follows.
In subsection (1), in the words before paragraph (a), omit “the basis period for”.
Omit subsection (5).