Because personal reliefs which are unused in one tax year cannot be carried forward or backward to another tax year (see ¶5000), and because of the progressive nature of income tax liability, a person who earns, say, £55,000 in one tax year and £15,000 in the next pays more income tax than a similarly placed person who earns £30,000 in each of two succeeding tax years. Special relief is accordingly available to individuals and partnerships engaged in a ‘farming or market gardening business’ (see ¶6300) to take account of fluctuating profits.

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