Commentary on Sections Overview Overview Section 43: Caravan sites where trade carried on
192.This section allows a company which carries on a trade associated with the operation of a caravan site to include in the receipts of that trade income from letting pitches or caravans where the letting does not itself constitute a trade. It is based on ESC C36. The corresponding rule for income tax is in section 20 of ITTOIA. See Change 4 in Annex 1.
193.See section 1314 and Change 96 in Annex 1 for the definition of “caravan”.