BIM22000 - Trade: Exceptions & alternatives: Contents
This section deals with some activities which are at the fringes of trading income. If you need to make assessments you should consider whether alternative assessments are needed in order to protect the HMRC position. This procedure, which has been approved by the courts, is not considered to involve double taxation (see Bye v Coren 60TC116 and Lord Advocate v McKenna 61TC688).
It covers the following:
| BIM22001 | Furnished lettings |
| BIM22005 | Illegal activities - introduction |
| BIM22007 | Illegal activities - the trading test |
| BIM22008 | Illegal activities - no moral test |
| BIM22010 | Illegal activities - what is a trade? |
| BIM22015 | Betting and gambling - introduction |
| BIM22016 | Betting and gambling - what is a bet? |
| BIM22017 | Betting and gambling - the professional gambler |
| BIM22018 | Betting and gambling - organised activity |
| BIM22019 | Betting and gambling - element of existing trade |
| BIM22020 | Betting and gambling - spread betting |
| BIM22025 | Insurance receipts |
| BIM22030 | Activities not connected with an existing trade |
| BIM22035 | Miscellaneous income |
| BIM22040 | Co-workers of the Camphill Association |
