BIM74200 - Revenue recognition and service contracts: UITF 40: contents & overview
This chapter explains the accountancy changes brought about
by Urgent Issues Task Force Abstract 40 (UITF 40), which is
mandatory for accounting periods ending on or after 22 June 2005.
It sets out the way in which the one-off tax adjustment, which
arises from any change of accounting policy resulting from adopting
UITF 40, is spread. The spreading applies to both income tax and
CT.
| BIM74201 | Introduction: tax and accountancy and UITF 40 |
| BIM74205 | Introduction: adjustment income |
| BIM74210 | Accountancy guidance and practical guidance |
| BIM74215 | Calculating adjustment income |
| BIM74220 | Adjustment income: spreading requirements |
| BIM74225 | Spreading adjustment income: introduction |
| BIM74230 | Spreading adjustment income: income tax |
| BIM74235 | Spreading adjustment income: income tax: partnerships |
| BIM74240 | Spreading adjustment income: income tax: partnerships: cessation and LLPs |
| BIM74245 | Spreading adjustment income: CT |
| BIM74250 | Spreading adjustment income: CT: short accounting periods |
| BIM74255 | Spreading adjustment income: CT: cessations |
| BIM74260 | Spreading adjustment income: CT: partnerships |
| BIM74265 | Spreading adjustment income: elections |
| BIM74270 | Appendix 1: CCAB guidance on UITF 40 |
| BIM74275 | Appendix 2: ICEAW Taxguide 08/06 |
