# Income Tax (Trading and Other Income) Act 2005, Paragraph 45


In section 74(1) (general rules as to deductions not allowable)—
(a) for “the Tax Acts” substitute “ the Corporation Tax Acts ”,
(b) after “computing the amount of the profits to be charged” insert “ to corporation tax ”,
(c) for “, profession or vocation”, in each place where it occurs, substitute “ or profession ”,
(d) omit paragraph (b),
(e) in paragraph (j) for “his” substitute “ the creditor's ”, and
(f) omit paragraph (o).

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Source: https://www.legislation.gov.uk/ukpga/2005/5/schedule/1/paragraph/45 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/schedule-1/paragraph-45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.