# Income Tax (Trading and Other Income) Act 2005, Section 28: Items treated under CAA 2001 as receipts and expenses


The rules for calculating the profits of a trade need to be read with—
(a) the provisions of CAA 2001 which treat charges as receipts of a trade, and
(b) the provisions of CAA 2001 which treat allowances as expenses of a trade.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/28 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-28
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.