Section 242 Charge to tax on post-cessation receipts
Income tax is charged on post-cessation receipts arising from a trade.
Notes on Chapter 18
Modifications
- C1
Pt. 2 Ch. 18 applied (with modifications) (22.7.2020) by Finance Act 2020 (c. 14), Sch. 16 para. 2(3)(a)