# Income Tax (Trading and Other Income) Act 2005, Paragraph 76


(1) Chapter 7 of Part 3 applies to a change of basis taking effect for a period of account which ends on or after 6th April 2005.
(2) For this purpose the period of account for which a change of basis takes effect is the first period of account for which the new basis is adopted.

---
Source: https://www.legislation.gov.uk/ukpga/2005/5/schedule/2/paragraph/76 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/schedule-2/paragraph-76
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.