BIM42700 - Specific deductions: bad & 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:

1. BIM42701

   Overview
2. BIM42705

   Accountancy practice
3. BIM42710

   Waivers and slow payers
4. BIM42715

   Evidence required
5. BIM42720

   Advances on loan
6. BIM42730

   Recovered after allowance
7. BIM42735

   Assets accepted
8. BIM42740

   Debts released
9. BIM42745

   Business ceased
10. BIM42750

    Currency restrictions