870(1)  This section–

(a)applies for the purpose of calculating profits or other income charged to income tax, but

(b)does not apply for the purpose of calculating the profits of a trade, profession or vocation or of a property business (but see subsection (4)).

870(2)  No deduction is allowed for expenses incurred–

(a)in making a payment if the making of the payment constitutes a criminal offence, or

(b)in making a payment outside the United Kingdom if the making of a corresponding payment in any part of the United Kingdom would constitute a criminal offence in that part.

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