Timing and quantifying rules - Income equalisation schemes - Application
EH 37: Persons to whom adverse event income equalisation scheme applies
You could also call this:
“Who could use the adverse event income equalisation scheme (now removed)”
This part of the law used to explain who could use the adverse event income equalisation scheme. However, it was removed from the law on 18 March 2019. This means that this section no longer applies and you can’t use it anymore. If you want to know about current rules for income equalisation, you’ll need to look at other parts of the tax law.
“Money set aside for unexpected farming events is no longer recognised in tax law”
Part E
Timing and quantifying rules
Income equalisation schemes:
Application
EH 37Persons to whom adverse event income equalisation scheme applies (Repealed)
Notes
Section EH 37: repealed, on , by section 169(2) (and see section 169(11) for application) of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).
