{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-264",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-264.json",
  "legislation": "ukpga/2005/5",
  "legislation_title": "Income Tax (Trading and Other Income) Act 2005",
  "legislation_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005",
  "path": "section/264",
  "kind": "section",
  "number": "264",
  "heading": "UK property business",
  "text": "A person's UK property business consists of—\n(a) every business which the person carries on for generating income from land in the United Kingdom, and\n(b) every transaction which the person enters into for that purpose otherwise than in the course of such a business.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/264",
    "retrieved_at": "2026-10-29T09:16:32.370392+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}