Where a body meets the definition of a scientific research association (see below), it may claim exemption from tax on the whole of its chargeable gains (TCGA 1992, s. 271(6)) and the following income:

profits from a charitable trade (CTA 2010, s. 478 and 479; see ¶815-380);

profits from fund-raising events (CTA 2010, s. 483; see ¶815-400);

profits from lotteries (CTA 2010, s. 484; see ¶815-460);

property income (CTA 2010, s. 485; see ¶815-410);

investment income (CTA 2010, s. 486; see ¶815-420);

certain miscellaneous income (CTA 2010, s. 488; see ¶815-460); and

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