[50B Connected persons: application of section 48]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[50B  Connected persons: application of section 48]

[(1)     This section applies where connected persons incur expenses on the hiring of the same car for the same period and—

(a)     section 48 would (but for this section) apply to the expenses of two or more of those persons, or

(b)     section 48 and section 56 of CTA 2009 would

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