155 Levies and repayments under FISMA 2000
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

Persons authorised for purposes of FISMA 2000

155  Levies and repayments under FISMA 2000

(1)     This section applies for the purpose of calculating the profits of a trade . . ..

[(2)     A deduction is allowed for any sum—

(a)     spent by the person carrying on the trade in paying a levy, or

(b)     paid by that person as a result of an award of costs under costs rules,

so far as

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