BIM14045 - Schedule D: General principles
The UK Courts have been applying our Income Tax law since, broadly, the latter part of the nineteenth century. These decisions have produced case law which helps the application of the statute in similar situations. In addition, principles of wider application have evolved, some of which are discussed as follows:
| Distinction between capital and revenue | BIM14050 |
| Meaning of “annual” profits or gains | BIM14060 |
| The source doctrine | BIM14065 |
| Meaning of “property whatsoever” | BIM14070 |
