# Income Tax Act 2007, Paragraph 116


In section 571 (schemes for rationalising industry: cancellation of certificates) after subsection (1) insert—
“(1A) An amount charged to income tax under subsection (1) above is treated for income tax purposes as an amount of income.”

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Source: https://www.legislation.gov.uk/ukpga/2007/3/schedule/1/paragraph/116 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/schedule-1/paragraph-116
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.