BIM42700 - Specific deductions: bad and doubtful debts: contents

Different provisions apply to bad debts for Income Tax and Corporation Tax purposes. This chapter begins with an overview of the rules and then mostly deals with the Income Tax rules.

This chapter does not apply to businesses using the cash basis (see BIM70000 onwards).

It contains the following:


BIM42701 Overview
BIM42705 Accountancy practice
BIM42710 Waivers and slow payers
BIM42715 Evidence required
BIM42720 Advances on loan
BIM42730 Recovered after allowance
BIM42735 Assets accepted
BIM42740 Debts released
BIM42745 Business ceased
BIM42750 Currency restrictions