BIM30000 - Measuring the profits (general rules): contents

The basic rule for measuring profits is that the profits of a trade are calculated in accordance with generally accepted accounting practice, subject to any adjustment required or authorised by law. This section of the guidance covers what is meant by generally accepted accounting practice, rules for adjustments that apply generally to most or all trades and other matters of general application.

1. BIM30500

   Statutory rules: contents
2. BIM31000

   The relationship between tax on trade profits and accountancy: contents
3. BIM31500

   Interaction with Value Added Tax: contents
4. BIM33000

   Stock: contents
5. BIM33700

   Business successions: contents
6. BIM34000

   Change of basis of computing taxable profits: contents
7. BIM35000

   Capital/revenue divide: contents
8. BIM37000

   Wholly and exclusively: contents
9. BIM39500

   Foreign exchange: contents