# Finance Act 2022, Paragraph 62: Application of this Part of this Schedule

Extent: E+W+S+N.I.

(1) This Part of this Schedule applies in relation to a person (“the trader”) who—
(a) starts to carry on a trade (alone or in partnership) in the tax year 2023-24, and
(b) does not permanently cease to carry on the trade in that tax year.
(2) This Part of this Schedule applies to professions and vocations as it applies to trades.

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Source: https://www.legislation.gov.uk/ukpga/2022/3/schedule/1/paragraph/62 (the official version)
Page: https://openlegislation.uk/finance-act-2022/schedule-1/paragraph-62
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.