Commentary on Sections Glossary Structure of Part 4 Section 392: Schedule A businesses
1345.This section is based on section 132(2) of CAA 1990. It gives effect to agricultural buildings allowances for persons who are not carrying on a trade.
1346.Subsection (2) gives effect to allowances and charges for persons carrying on a Schedule A business. The allowances and charges are treated as if they were expenses and receipts of the business.
1347.Subsection (3) gives effect to allowances and charges for all other persons. They are treated as if they had a Schedule A business.