# The Tax Credits (Miscellaneous Amendments) Regulations 2006, Regulation 11: Amendment of the Tax Credits (Definition and Calculation of Income) Regulations 2002


(1) Regulation 6 (trading income) is amended as follows.
(2) For the second sentence substitute—
“Here “taxable profits” has the same meaning as it has in Part 2 of ITTOIA but disregarding Chapter 16 of that Part (averaging profits of farmers and creative artists).”.

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Source: https://www.legislation.gov.uk/uksi/2006/766/regulation/11 (the official version)
Page: https://openlegislation.uk/tax-credits-miscellaneous-amendments-regulations-2006/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.