Related Commentary  Related HMRC Manuals

201(1)  Any receipt or other credit item, so far as it falls within–

(a)Chapter 2 of this Part (receipts of trade), and

(b)Chapter 3 of Part 4 so far as it relates to a UK property business,

is dealt with under Chapter 3 of Part 4.

201(1A)  Subsection (1) does not apply in the case of the long-term business of an insurance company.

201(2)  Any receipt or other credit item, so far as it falls within–

(a)this Part, and

(b)Chapter 4 of Part 10 (income from holding an office),

is dealt with under Chapter 4 of Part 10.

History

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