BIM51400 - Breweries: contents

This section looks at the tax consequences of some of the ways that breweries interact with licensed houses.

There are different treatments for tax purposes of-

1. tied houses,
2. managed houses,
3. unlicensed properties let to tenants, and licensed properties without tie,

The different classes of property are frequently not distinguished in the brewery accounts.

The trading results of managed houses should be brought into the general computation of brewery profits. These results are sometimes included under other headings in the brewery accounts, for example, `profit rentals' or `discounts'.