{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-32A",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-32A.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/32A",
  "kind": "section",
  "number": "32A",
  "heading": "Application of Chapter to the cash basis",
  "text": "(1) The following sections do not apply in calculating the profits of a trade on the cash basis—\nsection 33 (capital expenditure),\nsection 35 (bad and doubtful debts),\nsections 36 and 37 (unpaid remuneration),\nsection 43 (employee benefit contributions: profits calculated before end of 9 month period),\nsections 48 to 50B (car hire).\n(2) For rules restricting deductions that apply only where profits are calculated on the cash basis, see ...\nsection 33A (cash basis: capital expenditure).\n...",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 32A and cross-heading inserted (with effect in accordance with Sch. 4 paras. 56, 57 of the amending Act) by Finance Act 2013 (c. 29), Sch. 4 para. 7"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 32A(2) omitted (6.4.2024 for the tax year 2024-25 and subsequent tax years) by virtue of Finance Act 2024 (c. 3), Sch. 10 paras. 17(a), 47 (with Sch. 10 paras. 48-50)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 32A(2) omitted (6.4.2024 for the tax year 2024-25 and subsequent tax years) by virtue of Finance Act 2024 (c. 3), Sch. 10 paras. 17(b), 47 (with Sch. 10 paras. 48-50)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/32A",
    "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."
}