BIM47300 - Specific deductions: security expenditure: contents

A deduction in computing the profits of a trade carried on by an individual (either alone or in a partnership of individuals) is allowed for certain revenue expenditure incurred to meet a special security threat arising from the trade. The deduction applies to Income Tax only.

The guidance on the application of the deduction is arranged as follows:

1. BIM47301

   Overview
2. BIM47305

   Conditions
3. BIM47310

   Qualifying assets
4. BIM47315

   Partial use of asset