BIM35500 - Capital/revenue divide - intangible assets: Contents
In his classic definition, Lord Cave referred to an asset or advantage of an enduring benefit (see BIM35010). Businesses spend money on acquiring tangible assets like machines and business premises. But they may also acquire intangible assets or advantages of other kinds. These latter may take the form of various kinds of intellectual property, or leases and other interests over land. Or they may be less well defined, like the disappearance of a competitor from the market. Where the intangible asset or advantage has sufficient quality of endurance the expenditure involved will be capital.
The guidance that follows describes a number of cases involving intangible assets that have come before the courts.
| BIM35501 | Overriding statute law |
| BIM35505 | General introduction |
| BIM35510 | Acquisition of commercial advantages |
| BIM35515 | Acquisition of business franchises or licences |
| BIM35525 | Fees in connection with the capital structure of a business |
| BIM35530 | Profit making structure |
| BIM35535 | Profit making structure - recent developments |
| BIM35540 | Payment to preserve existing business or asset structure |
| BIM35545 | Payment to change existing business or asset structure |
| BIM35550 | Exclusivity ties |
| BIM35555 | Exclusivity ties - reimbursed repairs, etc |
| BIM35560 | Exclusivity ties - acquiring an interest in land |
| BIM35565 | Changes to company charter |
| BIM35570 | Cost of an anti-nationalisation campaign |
| BIM35575 | Expenditure in connection with loans and other liabilities |
| BIM35580 | Incidental expenditure incurred in financing the business |
| BIM35585 | Release from an onerous agreement |
| BIM35590 | Getting rid of an unsatisfactory employee |
| BIM35595 | Payment to bind employee with a restrictive covenant |
| BIM35600 | Compensation for sterilising an asset |
| BIM35605 | Purchase of tipping sites by a waste disposal company |
| BIM35610 | Inducements to enter a lease |
| BIM35615 | Costs of incorporating a new company |
| BIM35620 | Making good dilapidations as a condition of the lease |
| BIM35625 | Surrender of onerous lease |
| BIM35630 | Assignment of onerous lease |
| BIM35635 | Payment to another company to cease production for a period |
| BIM35640 | Expenditure developing a brand name |
| BIM35645 | Building society demutualisation |
| BIM35650 | Money injected into a subsidiary as a condition of sale |
| BIM35655 | Liabilities assumed as part of the consideration for purchase of a business |
| BIM35660 | Proprietor's training courses |
