288 The additional calculation rule
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

288  The additional calculation rule

(1)     The rule in this section applies if the conditions mentioned in section 287 are met.

(2)     The additional calculation rule is that the amount given by the formula in section 277, 279, 280, 281 or 282 must be reduced by the amount calculated in accordance with this section in order to give the amount of the receipt under calculation.

(3)     The amount of the reduction is—

(a)     if there is one taxed receipt which has an unused amount, the basic relieving amount by

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