# Income Tax (Trading and Other Income) Act 2005, Section 94C: Provisions not applicable to certain firms


The provisions of this Chapter do not apply in calculating the profits of a trade carried on by a firm for a period if one or more of the persons who have been partners in the firm at any time during the period was not an individual at that time.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/94C (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-94C
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.