Commentary

A1.141 Relation of the classes of income to one another

Administration and compliance

A1.141 Relation of the classes of income to one another

A1.141 Relation of the classes of income to one another

As will have been seen, each class of income has its own rules and between them they cover the whole area of taxable income. Where income falls within the rules of more than one class, ITEPA 2003 and ITTOIA 2005 contain priority provisions to determine which Act (or Part or Chapter) takes precedence1. CTA 2009 also contains priority rules2.

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