# Income Tax (Trading and Other Income) Act 2005, Section 32A: Application of Chapter to the cash basis


(1) The following sections do not apply in calculating the profits of a trade on the cash basis—
section 33 (capital expenditure),
section 35 (bad and doubtful debts),
sections 36 and 37 (unpaid remuneration),
section 43 (employee benefit contributions: profits calculated before end of 9 month period),
sections 48 to 50B (car hire).
(2) For rules restricting deductions that apply only where profits are calculated on the cash basis, see ...
section 33A (cash basis: capital expenditure).
...

---
Source: https://www.legislation.gov.uk/ukpga/2005/5/section/32A (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-32A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.