# Income and Corporation Taxes Act 1988, Paragraph 4: Years in respect of which claim may be made

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

(1) An averaging claim may not be made in relation to a tax year if an averaging claim in respect of the same qualifying trade, profession or vocation has already been made in relation to a later tax year.
(2) An averaging claim may not be made in relation to a tax year in which—
(a) the taxpayer starts, or permanently ceases, to carry on the trade, profession or vocation, or
(b) the trade, profession or vocation begins or ceases to be a qualifying trade, profession or vocation.
(3) An averaging claim may be made in relation to a tax year which was the later year on a previous averaging claim.

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Source: https://www.legislation.gov.uk/ukpga/1988/1/schedule/4A/paragraph/4 (the official version)
Page: https://openlegislation.uk/income-and-corporation-taxes-act-1988/schedule-4A/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.