Related Commentary  Related HMRC Manuals

256(1)  This section applies if–

(a)an individual has permanently ceased to carry on a trade, and

(b)the income arising to the individual from the trade was relevant UK earnings within section 189(2)(b) of FA 2004.

256(2)  Any post-cessation receipts arising to the individual from the trade are similarly relevant UK earnings.


In s. 256(1)(b), the words “earned income within section 833(4)(c) of ICTA or” before “relevant UK earnings” omitted by ITA 2007, s. 1027 and Sch. 1, para. 506(2), and repealed by s. 1031 and Sch. 3, Pt. 1, with effect from 6 April 2007.

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