Schedules
Schedule 10Calculation of trade profits etc
Part 2Minor and consequential amendments
Chapter 2Amendments of other Acts
40CAA 2001
In section 4(2ZA)(a) (capital expenditure)—
a
for “an election under section 25A of ITTOIA 2005 has effect” substitute “the cash basis applies”
;
b
at the end insert “(see section 24A of ITTOIA 2005)”
.