180 Application of Chapter
Corporation Tax Act 2009 (2009 c 4) | Legislation

Chapter 14
Adjustment on Change of Basis

Adjustment on change of basis

180  Application of Chapter

(1)     This Chapter applies if—

(a)     a company carrying on a trade changes, from one period of account to the next, the basis on which profits of the trade are calculated for corporation tax purposes,

(b)     the old basis accorded with the law or practice applicable in relation to the period of account before the change, and

(c)

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