Part 2Income tax, corporation tax and capital gains tax

Chapter 8Accounting practice and related matters

80Accounting practice and related matters

1

Schedule 4 (accounting practice and related matters) has effect.

2

In that Schedule—

  • Part 1 makes provision about bad debts and related matters;

  • Part 2 makes other provision connected with accounting practice.

3

Part 1 of the Schedule, so far as it amends provisions that have effect both for income tax and corporation tax, has effect for the purposes of corporation tax only.

4

Except as otherwise provided, the provisions of the Schedule have effect for periods of account beginning on or after 1st January 2005.