590 UK resident sellers: spreading rules
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

590  UK resident sellers: spreading rules

(1)     This section applies if the person liable under section 587 is a UK resident.

(2)     If the person does not receive the proceeds of sale in instalments, one-sixth of the amount chargeable is taxed in the tax year in which

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