Finance Act 2024 (c. 3)

Schedules

Schedule 10 Calculation of trade profits etc

Part 2 Minor and consequential amendments

Chapter 2 Amendments of other Acts

CAA 2001

41 In section 66A(6) (persons leaving cash basis)—

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

(b) in paragraph (b), for “such an election does not have effect” substitute “the cash basis does not apply”.