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Legislation
Income Tax (Trading and Other Income) Act 2005

Chapter 10 Trade profits: certain telecommunication rights

  • Section 144A Chapter not to apply where cash basis used
  • Section 145 Professions and vocations
  • Section 146 Meaning of “relevant telecommunication right”
  • Section 147 Expenditure and receipts treated as revenue in nature
  • Section 148 Credits or debits arising from revaluation
  1. Income Tax (Trading and Other Income) Act 2005
  2. /
  3. /Chapter 10 · Trade profits: certain telecommunication rights

Section 145 | Professions and vocations

From legislation.gov.uk

15 July 2026

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The provisions of this Chapter apply to professions and vocations as they apply to trades.

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