Skip to content
Solved
SearchBrowse
Sign in

Contents

Legislation
Income Tax (Trading and Other Income) Act 2005

Crossheading Redundancy payments etc.

  • Section 76 Redundancy payments and approved contractual payments
  • Section 77 Payments in respect of employment wholly in employer's trade
  • Section 78 Payments in respect of employment in more than one capacity
  • Section 79 Additional payments
  • Section 79A Additional payments: change in the persons carrying on the trade
  • Section 80 Payments made by the Government
  1. Redundancy payments etc.
  2. Additional payments: change in the persons carrying on the trade

Section 79A | Additional payments: change in the persons carrying on the trade

From legislation.gov.uk

(1)This section deals with the application of section 79 in circumstances where there is a change in the persons carrying on the trade.

(2)The employer is treated for the purposes of section 79 as permanently ceasing to carry on the trade unless a person carrying on the trade immediately before the change continues to carry it on after the change.

PreviousNext
PrivacyTerms