92 Expenses connected with foreign trades
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

Expenses connected with foreign trades

92  Expenses connected with foreign trades

(1)     This section applies if—

(a)     an individual (“the trader”) carries on a foreign trade (alone or in partnership),

(b)     the trader is absent from the United Kingdom wholly and exclusively for the purpose of carrying on the foreign trade or the foreign trade and one or more other trades (whether or not foreign trades),

(c)     qualifying expenses are incurred in

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