{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-329A",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-329A.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/329A",
  "kind": "section",
  "number": "329A",
  "heading": "Application of Chapter where cash basis used",
  "text": "This Chapter applies if—\n(a) the profits of a property business are calculated—\n(i) on the cash basis for a tax year (see section 271D), and\n(ii) in accordance with GAAP (see section 271B) for the following tax year, or\n(b) the profits of a property business are calculated—\n(i) in accordance with GAAP for a tax year, and\n(ii) on the cash basis for the following tax year.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 329A inserted (16.11.2017) (with effect in accordance with Sch. 2 para. 64 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 2 para. 27"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/329A",
    "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."
}