Related Commentary  

260(1)  This Part imposes charges to income tax under–

(a)Chapter 3 (the profits of a UK property business or an overseas property business),

(b)Chapter 7 (amounts treated as adjustment income under section 330),

(c)Chapter 8 (rent receivable in connection with a UK section 12(4) concern),

(d)Chapter 9 (rent receivable for UK electric-line wayleaves), and

(e)Chapter 10 (post-cessation receipts arising from a UK property business),

(f)[Omitted by FA 2008, s. 25 and Sch. 7, para. 47(b).]

260(2)  Part 6 deals with exemptions from the charges under this Part.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.