# The Income Tax (Trading and Other Income) Act 2005 (Consequential Amendments) Order 2006, Article 5: Consequential amendments to legislation


(1) In the Finance Act 2002 amend Schedule 12 (tax relief for expenditure on research and development) as follows.
(2) In paragraph 4(6)(b)—
(a) after “trade, profession or vocation” insert “(i)”, and
(b) after “Schedule D” insert—
“, or
(ii) which is carried on wholly or partly in the United Kingdom and the profits of which are chargeable to tax under Chapter 2 of Part 2 of the Income Tax (Trading and Other Income) Act 2005”.
(3) In paragraph 5(6)(b)—
(a) after “trade, profession or vocation” insert “(i)”, and
(b) after “Schedule D” insert—
“, or
(ii) which is carried on wholly or partly in the United Kingdom and the profits of which are chargeable to tax under Chapter 2 of Part 2 of the Income Tax (Trading and Other Income) Act 2005”.
(4) In paragraph 8(a) after “Schedule D” insert—
“, or
(iii) by any person otherwise than in the course of carrying on wholly or partly in the United Kingdom a trade, profession or vocation the profits of which are chargeable to tax under Chapter 2 of Part 2 of the Income Tax (Trading and Other Income) Act 2005”.

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Source: https://www.legislation.gov.uk/uksi/2006/959/article/5 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005-consequential-amendments-order-2006/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.