Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Taxes Consolidation Act 1997 section 562
Contingent liabilities
Section 562 restricts the deduction of contingent liabilities when computing chargeable gains or allowable losses on the disposal of assets, and provides a mechanism for adjustment if those liabilities later crystallise and are actually paid.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.