BIM47145 - Specific deductions: staffing costs: emoluments paid after cessation

Emoluments which remain unpaid nine months after the end of the period of account in which the taxable source ceases, or is deemed to cease for tax purposes, are not deductible in computing the profits of that period of account.

Where post-cessation receipts of a trade are assessed under ICTA88/S104 for a year of assessment, any relevant emoluments for which a deduction has not been allowed, and which are paid in that year of assessment, will be deductible from the post-cessation receipts under ICTA88/S105.