270 Income charged
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

270  Income charged

(1)     Tax is charged under this Chapter on the full amount of the profits arising in the tax year.

(2)     Subsection (1) is subject to Part 8 (foreign income: special rules).

[(3)     If, as respects an individual carrying on an overseas property business, the tax year is a split year—

(a)     tax is charged under this

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