# Income Tax (Trading and Other Income) Act 2005, Paragraph 29


(1) Section 106 does not apply if—
(a) a person carrying on a trade recovers a sum mentioned in that section, and
(b) the sum has been taken into account in calculating the profits of the trade of a tax year before the tax year 2005-06.
(2) This paragraph applies to professions and vocations as it applies to trades.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/schedule/2/paragraph/29 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/schedule-2/paragraph-29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.