Commentary on Sections Example 3 Ne = £5,000; Da = 183; De = 183; Smg = 0 Section 487: Minor definitions
2001.This section brings together minor definitions from section 136(5) of ICTA and others from section 187A of ICTA in connection with the deductions for National Insurance contributions.
2002.The definition of shares in section 136(5)(d) of ICTA includes stock “in so far as the context permits”. This rider has been omitted as unnecessary since there does not appear to be anywhere in this Chapter where the context would not so permit.