BIM71000 - Computation of liability: contents
This section contains the following guidance on the current and previous years basis of assessments:
| BIM71001 | Computation of liability: The current year and previous year basis of assessment rules: Introduction |
| BIM71005 | Computation of liability: The current year basis of assessment rules: Time from which the current year basis of assessment rules apply |
| BIM71010 | Computation of liability: The current year basis of assessment rules: General rule |
| BIM71015 | Computation of liability: The current year basis of assessment rules: Circumstances where the general rule does not apply |
| BIM71020 | Computation of liability: The current year basis of assessment rules: Accounting periods and basis periods |
| BIM71025 | Computation of liability: The current year basis of assessment rules: Apportionment of case I/II profits |
| BIM71030 | Computation of liability: The previous year basis of assessment rules |
| BIM71035 | Computation of liability: The 1996/97 transitional year basis of assessment rules |
| BIM71040 | Computation of liability: The current year basis of assessment rules: Losses |
| BIM71045 | Computation of liability: The current year basis of assessment rules: Basis of assessment in year of commencement (year 1) |
| BIM71050 | Computation of liability: The current year basis of assessment rules: Basis of assessment in year 2 |
| BIM71055 | Computation of liability: The current year basis of assessment rules: Basis of assessment in year 3 and subsequent years |
| BIM71060 | Computation of liability: The current year basis of assessment rules: Examples illustrating operation of commencement rules |
| BIM71065 | Computation of liability: The current year basis of assessment rules: Change of accounting date: Introduction |
| BIM71070 | Computation of liability: The current year basis of assessment rules: Identification of year of change |
| BIM71075 | Computation of liability: The current year basis of assessment rules: Changes of accounting date between years 1, 2 and 3 |
| BIM71080 | Computation of liability: The current year basis of assessment rules: Changes of accounting date in year 4 and subsequent years |
| BIM71085 | Computation of liability: The current year basis of assessment rules: First condition: First account to new accounting date must not exceed 18 months |
| BIM71090 | Computation of liability: The current year basis of assessment rules: Second condition: The change of accounting date must have been notified to an officer of the Board |
| BIM71095 | Computation of liability: The current year basis of assessment rules: Third condition: No change of basis period in the previous 5 years or change made for good commercial reasons. |
| BIM71100 | Computation of liability: The current year basis of assessment rules: Procedure if relevant conditions are met |
| BIM71105 | Computation of liability: The current year basis of assessment rules: Procedure if relevant conditions are not met |
| BIM71110 | Computation of liability: The current year basis of assessment rules: Change of accounting date by a partnership |
| BIM71115 | Computation of liability: The current year basis of assessment rules: Examples illustrating the basis period rules on a change of accounting date |
| BIM71120 | Computation of liability: The current year basis of assessment rules: Basis of assessment on cessation |
| BIM71125 | Computation of liability: The current year basis of assessment rules: Examples illustrating the operation of the cessation rules |
| BIM71130 | Computation of liability: The current year basis of assessment rules: Overlap relief |
| BIM71135 | Computation of liability: The current year basis of assessment rules: Definition of 'overlap profit' |
| BIM71140 | Computation of liability: The current year basis of assessment rules: Definition of 'overlap period' |
| BIM71145 | Computation of liability: The current year basis of assessment rules: More than one overlap period |
| BIM71150 | Computation of liability: The current year basis of assessment rules: Period in which overlap relief is given |
| BIM71155 | Computation of liability: The current year basis of assessment rules: Overlap relief given on a change of basis period |
| BIM71160 | Computation of liability: The current year basis of assessment rules: Overlap relief given on cessation |
| BIM71165 | Computation of liability: The current year basis of assessment rules: Overlap relief and losses |
| BIM71170 | Computation of liability: The current year basis of assessment rules: Accounts made up to 31 March |
| BIM71175 | Computation of liability: The current year basis of assessment rules: Accounts made up to slightly varying dates |
| BIM71180 | Computation of liability: The current year basis of assessment rules: Accounts made up to widely varying dates |
