189 Relief for unremittable amounts
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

189  Relief for unremittable amounts

(1)     If—

(a)     the trader has profits from the trade in a period of account, and

(b)     an unremittable amount has been brought into account as a receipt for that period,

a deduction of the amount is allowed from those profits (but see subsection (5)).

(2)     If the trader has profits from the trade

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