Schedules

Schedule 10Calculation of trade profits etc

Part 2Minor and consequential amendments

Chapter 1Amendments of ITTOIA 2005

22Amendments of other provisions

Section 96B (section 96A: supplementary provision), in subsection (3)—

a

in paragraph (a), for “an election under section 25A has effect” substitute “the cash basis applies”;

b

in paragraph (b), for “no such election had effect” substitute “the cash basis did not apply”.