# Income Tax Act 2007, Section 629: Calculating accrued income profits and losses where section 628 applies


(1) If section 628(5) applies, the amount of the accrued income profits treated as made is equal to the excess mentioned in section 628(5).
(2) If section 628(6) applies, the amount of the accrued income losses treated as made is equal to the excess mentioned in section 628(6).

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/629 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-629
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.