Section 85 Meaning of “carrying on a business”I1

(1)

In this Part, references to carrying on a business include—

(a)

carrying on any activity for the purposes of generating income from land (wherever situated),

(b)

carrying on a profession,

(c)

the activities of a charity, and

(d)

the activities of a local authority or any other public authority.

(2)

The Welsh Ministers may by regulations provide that for the purposes of this Part—

(a)

the carrying on of a specified activity, or

(b)

the carrying on of any activity, or a specified activity, by a specified person,

is or is not to be treated as the carrying on of a business.

(3)

In this Act, “charity” has the meaning given by F1paragraph 2A of Schedule 18 to LTTA.

Annotations

F1: Words in s. 85(3) substituted (31.12.2020) by The Welsh Tax Acts (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/833), regs. 1(2), 6(1) (with reg. 6(3)); 2020 c. 1, Sch. 5 para. 1(1)

F1: Word in Act substituted (19.9.2025) by Visitor Accommodation (Register and Levy) Etc. (Wales) Act 2025 (asc 5), s. 67(1), Sch. 2 para. 21