{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-366",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-366.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/366",
  "kind": "section",
  "number": "366",
  "heading": "Provisions which must be given priority over Part 4",
  "text": "(1) Any income, so far as it falls within—\n(a) any Chapter of this Part, and\n(b) Chapter 2 of Part 2 (receipts of a trade, profession or vocation),\nis dealt with under Part 2.\n(2) Any income, so far as it falls within—\n(a) any Chapter of this Part, and\n(b) Chapter 3 of Part 3 so far as the Chapter relates to a UK property business,\nis dealt with under Part 3.\n(3) Any income, so far as it falls within—\n(a) any Chapter of this Part other than Chapter 3 or 6, and\n(b) Part 2, 9 or 10 of ITEPA 2003 (employment income, pension income or social security income),\nis dealt with under the relevant Part of ITEPA 2003.\n(4) Nothing in this section prevents amounts both—\n(a) being counted as income for the purposes of Chapter 9 of this Part (gains from contracts for life insurance etc.), and\n(b) being taken into account in calculating income, or counting as income, for the purposes of other Parts of this Act,\nbut see section 527 (reduction for sums taken into account otherwise than under Chapter 9).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "C",
      "label": "C1",
      "text": "Ss. 353-368 modified (7.4.2005) by Finance Act 2005 (c. 7), s. 51(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/366",
    "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."
}