{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-31F",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-31F.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/31F",
  "kind": "section",
  "number": "31F",
  "heading": "Overview of rest of Part 2 as it applies to cash basis",
  "text": "(1) For provision about the application of Chapters 4 to 6 (rules about deductions and receipts) in relation to the cash basis, see sections 32A, 56A and 95A.\n(2) For provision about the application of Chapter 11 (trade profits: other specific trades) in relation to the cash basis, see section 148K.\n(3) The following Chapters apply only where profits are calculated on the cash basis—\nChapter 6A (trade profits: amounts not reflecting commercial transactions),\nChapter 17A (cash basis: adjustments for capital allowances).\n(4) The following Chapters do not apply in relation to the cash basis—\nChapter 8 (trade profits: herd basis rules),\nChapter 9 (trade profits: sound recordings),\nChapter 10 (trade profits: certain telecommunication rights),\nChapter 10A (leases of plant or machinery: special rules for long funding leases),\nChapter 11A (trade profits: changes in trading stock),\nChapter 13 (deductions from profits: unremittable amounts),\nChapter 14 (disposal and acquisition of know-how),\nChapter 16 (averaging profits of farmers and creative artists),\nChapter 16ZA (compensation for compulsory slaughter of animal),\nChapter 16A (oil activities).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 2 Ch. 3A inserted (with effect in accordance with Sch. 4 paras. 56, 57 of the amending Act) by Finance Act 2013 (c. 29), Sch. 4 para. 5"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/31F",
    "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."
}