{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-93",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-93.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/93",
  "kind": "section",
  "number": "93",
  "heading": "Allocation of expenses",
  "text": "(1) Expenses within section 92(3)(a), (b) or (c) are allocated to the foreign trade.\n(2) If—\n(a) the expenses are within section 92(3)(a) or (b), and\n(b) the trader carries on more than one foreign trade at the place in question outside the United Kingdom,\nthose expenses are allocated between the foreign trades on a just and reasonable basis.\n(3) If—\n(a) the expenses are within section 92(3)(c), and\n(b) the trader's absence is for the purpose of carrying on more than one foreign trade,\nthose expenses are allocated between the foreign trades on a just and reasonable basis.\n(4) Expenses within section 92(3)(d) are allocated—\n(a) to the trade carried on at the trader's place of destination, if that trade is a foreign trade, and\n(b) in any other case, to the foreign trade carried on at the trader's place of departure.\n(5) If the trader carries on more than one foreign trade at—\n(a) the place of destination (in a case falling within subsection (4)(a)), or\n(b) the place of departure (in a case falling within subsection (4)(b)),\nthe expenses are allocated between the foreign trades on a just and reasonable basis.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/93",
    "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."
}