Updates: Business Income Manual
2024
Care providers: qualifying care relief: foster carers: examples
Changed examples to reflect increased rates.
Farming: Basic Payment Scheme (BPS): Overview/Explanation of Terms
Update for changes within farming subsidies
Farming: Basic Payment Scheme: Delinked Payments: contents
Changes to farming subsidies
Farming: Basic Payment Scheme (BP): Tax Treatment/Basic Charge
Changes in farming subsidies
Farming: Basic Payment Scheme: Expenses/Deductions
Changes to farming subsidies
Farming: Basic Payment Scheme: Leasing / Farming Stock Valuation
Changes in farming subsidies
Farming: Basic Payment Scheme: Accountancy Treatment
Changes to farming subsidies
Farming: Phasing Out the Basic Payment Scheme (BPS):
Changes to farming subsidies
Farming: Basic Payment Scheme: Phasing Out of BPS: De-linked Payments
Changes to farming subsidies
Farming: De-linked Payments: Tax Treatment/Basic Charge
Changes to farming subsidies
Farming: Basic Payment Scheme (BP): Tax Treatment/Basic Charge
Full page needed changed to change in farming subsidies, now providing up to date information.
Farming: Basic Payment Scheme (BPS): Overview/Explanation of Terms
Full page changed with up to date information on the BPS replacing SPS. All areas needed changing.
Farming: De-linked Payments: Tax Treatment/Basic Charge
Full page to be changed due to the change in the farming payments and subsidies.
Farming: Basic Payment Scheme: Phasing Out of BPS: De-linked Payments
Full page to be changed, due to change in Payments to farmers and subsidies.
Farming: Phasing Out the Basic Payment Scheme (BPS):
Full page to be changed to change in farming subsidies.
Farming: Basic Payment Scheme: Accountancy Treatment
Full page redrafted due to change in the farming subsidy.
Farming: Basic Payment Scheme: Leasing / Farming Stock Valuation
Change to include reference to the PIM.
Farming: Basic Payment Scheme: Expenses/Deductions
Full page to be changed to the change in farming subsidy. Now up to date information.
Farming: Basic Payment Scheme: Delinked Payments: contents
Change to Titles
Complete change to Titles for each page to bring up to date regarding the Farming subsidies.
2023
Specific receipts: insurance and other commission: computation of profits
Edited to include paras 6 and 17, which were mentioned in the previous extract (paras 11-16) but not quoted.
New manual page created as a landing page for a new section on cash cancelled/net settled share options
New page describing deductions available for cash cancelled/net settled share options
New page giving examples of tax treatment of cash cancelled share options.
New page providing examples of tax treatment of net settled share options.
Specific deductions: employee share schemes: contents
Adding links to new section
correction conditions to reflect wording in Scott Bader decision
Wholly and exclusively: contents
Tidied up contents page to match the (better) format of the capital/revenue section. Only contents pages for each subsection, to prevent pages within each subsection also appearing at the same "level" as the contents page itself.
Sub-postmasters: how chargeable
Text modified to reflect withdrawal of the extra statutory concession from 5/4/2019.
Computation of liability: contents
Added warning about new rules plus a link.
Computation of liability: basis periods - commencement years
Added warning and link to new rules
2022
Receipts: general: foreign exchange gains and losses
Changes to first para. Autumn 2022 review.
Stock: valuation: lower of cost and net realisable value: cost
change of paragraphs
Stock: valuation: lower of cost and net realisable value: net realisable value
1st and last paragraphs
Stock: valuation: net realisable value: use of formulae, slow moving stock, acceptable accuracy
1st paragraph
Stock: valuation: stock provisions
1st paragraph
Stock: valuation: valuing construction contracts
all
Stock: valuation: mark to market or marking to market
FRS 105 Section 27 Specialised Activities requires agricultural produce to be measured under the cost model.
Stock: valuation: professional work-in-progress: general principles
last part added
Stock: valuation: depreciation in stock
Change tittle and last part
Review Autumn 2022
Business successions: introduction
Autumn 2022 review
Business successions: accounting: business combinations and goodwill
Autumn 2022 review
Business successions: accountancy treatment of consideration
Autumn 2022 review
Business successions: provisions made on acquisition
Autumn 2022 review
Business successions: example of an acquisition
Autumn 2022 review
Change of basis of computing taxable profits: what are invalid and valid basis?
Autumn 2022 review
Change of basis of computing taxable profits: accounting policy changes: has there been a change?
Autumn review 2022
Change of basis of computing taxable profits: accounting policy changes: FRS 102 Section 10
Autumn 2022 review. Change on title
Capital/revenue divide: computer software: Tax Bulletin article
Autumn 2022 review
Foreign exchange: exchange rate for accounts purposes
Review Autumn 2022
Foreign exchange: business uses the ‘offset method’
All
Foreign exchange: foreign currency accounts
Autumn 2022 review
Receipts: general: recognition of incomings
Autumn 2022 review
Receipts: general: when are they earned?
Autumn review 2022
Receipts: general: anticipation of profits
Autumn 2022 review
Specific receipts: refunds of sums paid as VAT: the starting point for the direct tax analysis
Autumn 2022 review
Specific receipts: hire-purchase: accountancy and tax treatment
Autumn 2022 review
Autumn 2022 review
Specific receipts: reverse premiums: timing of the receipt: the normal case
Autumn 2022 review
Deductions: timing: date allowable
Removed unnecessary quotation marks
Autumn 2022 review
Specific deductions: hire purchase: accountancy treatment
Autumn 2022 review
Specific deductions: losses: foreign exchange gains and losses
Autumn 2022 review
Specific deductions: provisions: accounting standards and GAAP
Autumn 2022 review
Specific deductions: provisions: accounting standards and GAAP: when a provision can be made
Autumn 2022 review
Specific deductions: provisions: accounting standards and GAAP: quantification
Autumn 2022 review
Specific deductions: provisions: accounting standards and GAAP: contingencies
Autumn 2022 review
Specific deductions: provisions: accounting standards and GAAP: unacceptable provisions
Autumn 2022 review
Specific deductions: provisions: accounting standards and GAAP: onerous contracts
Autumn 2022 review
Specific deductions: provisions: examples of the effect of GAAP
Autumn 2022 review
Specific deductions: provisions: allowability for tax: accuracy
Autumn 2022 review
Specific deductions: provisions: risk assessment: approach
Autumn 2022 review
Specific deductions: staffing costs: redundancy payments: timing of deductions
Autumn 2022 review
Builders, property dealers & developers: income recognition: retentions
Review Autumn 2022
Farming: timing of recognition of grants and subsidies
Autumn 2022 review
Farming: stock valuation: General Principles Helpsheet 232
Autumn 2022 review
Cash basis: expenses: capital expenditure: Financial Assets
Autumn 2022 accountancy review
Tax and accountancy: meaning of ‘UK generally accepted accounting practice’
Updated text
Tax and accountancy: meaning of ‘international accounting standards’
Autumn 2022 review
Added a paragraph
Tax and accountancy: concepts and pervasive principles
Change paragraph
Tax and accountancy: events after the end of the reporting period
Changed paragraph
Tax and accountancy: materiality: an accountancy concept
All
Tax and accountancy: FRS5: Substance over form
first/last paragraph
Tax and accountancy: Substance over form: taxation implications
first last paragraphs and punctuation
Tax and accountancy: FRS15: renewals accounting
last part
Tax and accountancy: Property, plant and equipment
Autumn 2022 review
Tax and accountancy: timing of income and expenditure
first part
Tax and accountancy: timing of income and expenditure: GAAP
First and last paragraphs
Stock: meaning of: what is stock
Second paragraph
Stock: meaning of: work in progress
Added last paragraph
Stock: meaning of: construction contracts
Last sentence
Stock: valuation: the valuation bases
‘Net realisable value’ is a term used in old UK GAAP and IAS. FRS 102 and FRS 105 use the equivalent term ‘estimated selling price less costs to complete’.
Specific deductions: employee share schemes: incidental costs of running schemes
Amended to include guidance on the deduction of employers' NICs
Meaning of trade: general: importance of risk
Rewrite of the page to bring it up to date with Court of Appeal decision in Eclipse 35.
Farming losses: loss considered is loss incurred in year to 5 April
Brought example up to date with more relevant years.
Wholly and exclusively: duality of, or non-trade, purpose: non-travel topics: contents
Removed pages that link to further contents pages
Partnerships - general notes: joint venture
Content moved.
Partnerships - general notes: sleeping and inactive partners: NICs
Content moved.
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Business Income Manual: Computing the amount to assess: Mixed Membership Partnerships: contents
Links to the mixed membership content has been archived. The current guidance can now be found in the Partnership Manual from PM213000 onward.
Tax year basis and transitional rules: contents
Adjusting links
Computation of liability: contents
Updating contents
Business Income Manual: recent changes
Page archived – Old legacy update page no longer required.
Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: recent changes
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Business Income Manual: update index
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Cash basis: receipts: overview
Reinstatement of correct page
2021
Partnerships: limited partnership: overview
Broken link - content moved to partnerships manual
Partnership expenses - partnership advances funds to partner
Change of location
Partnership expenses paid by partners - legal basis
Change of location
Partnerships - general notes: capacity of partners
Content moved.
Partnerships - general notes: property
Content moved.
Partnerships - general notes: husbands, wives, civil partners and minor children
Content moved
Partnerships - general notes: partners’ personal expenses
Content moved.
Specific receipts: Coronavirus Support Payments - Self Employment Income Support Scheme
To reflect change in Finance Act 2021
Partnerships - general notes: sharing profits/losses
Change of location.
Partnerships - general notes: service companies
Location update
restriction of relief: contents
Adding page for interaction with income tax reliefs cap
2020
Farming: stud farms: losses in stud farms
To bring content up to date.
Specific receipts: Coronavirus Support Payments- Specific rules & exceptions
Covid-19 related guidance
Specific receipts: Coronavirus Support Payments - Self Employment Income Support Scheme
Covid-19 related guidance
Specific receipts: Coronavirus Support Payments - Employment-Related Schemes
Covid-19 related guidance
Profits from a trade of dealing in or developing UK land (from 16 March 2016): Contents
Date changed from 8 March to 16 March as this is the correct effective date for the changes
Added new content for 'Crisis-driven changes to trading activities'
Crisis-driven changes to trading activities
New Page added
Business successions: capital allowances apportionment
paragraph added at the end regarding the Structures & Buildings Allowance with links to CA Manual
Business successions: example of an acquisition
Paragraph added under "Onerous Rental Contract" section re the structures & buildings allowance
Capital/revenue divide: tangible assets: repair or capital expenditure?
Paragraph added re Structures & Buildings Allowance
Specific deductions: repairs and renewals: overview
paragraph added under capital allowances in respect of the structures and buildings allowance as requested by CS&TD, capital allowances innovation & growth team
Amended to show new CO2 emissions threshold
specific deductions: staffing costs: employer compliance settlements
Content removed as concession now withdrawn
2019
Partnerships - computation and assessment: partner’s notional trade
Content moved.
Partnerships - general notes: existence of partnership
Content moved.
Partnerships - computation and assessment: individual, company and non-resident members
Content moved.
Partnerships: Limited Liability Partnership (LLP): overview
contents moved
Partnerships - computation and assessment: partner’s notional trade: basis period rules
Content moved.
Businesses: mergers and demergers: contents
Link added.
Partnerships - computation and assessment: examples of allocation of profits and losses
Content moved.
Partnerships - computation and assessment: partner’s notional trade: commencement and cessation
Content moved.
Content moved.
Partnerships - computation and assessment: other income: computation of income
Content moved.
Partnerships - computation and assessment: other income: allocation of income
Content moved.
Content moved.
Partnerships - computation and assessment: investment business: partner’s basis period
Content moved.
Partnerships - computation and assessment: examples of partnership computations
Content moved.
Partnerships - computation and assessment: claims and elections affecting partnership profits
Content moved.
Partnerships - computation and assessment: other income: partner’s basis periods
Content moved.
Partnerships - computation and assessment: other income: partner’s basis period: taxed income
Content moved.
Partnerships - computation and assessment: other income: partner’s basis period: untaxed income
Content moved.
Partnerships - computation and assessment: other income: partner’s basis period: losses
Content moved.
Partnerships - computation and assessment: other income: overlap relief
Content moved.
Partnerships - computation and assessment: other income: losses and overlap relief
Content moved.
Partnerships - loss relief restrictions: introduction
Content moved.
Partnerships - computation and assessment: claims and elections affecting partner’s tax liability
Content moved.
Partnerships - computation and assessment: changes of partners: loss relief
Content moved.
Partnerships - loss relief restrictions: exemptions
Contents moved.
Partnerships - loss relief restrictions: recovery of excess relief
Contents moved.
Contents moved.
Partnerships: licence-related losses: exit charge
Content moved.
Partnerships - loss relief restrictions: limited partners: example
Content moved.
Partnerships - loss relief restrictions: LLP members
Content moved.
Partnerships - loss relief restrictions: active LLP members: example
Content moved.
Partnerships - loss relief restrictions: LLP members: unrelieved amounts
Content moved.
Partnerships - loss relief restrictions: non-active partners in early tax years
Content moved.
Partnerships - loss relief restrictions: non-active partners in early tax years: example
Content moved.
Partnerships - loss relief restrictions: non-active partners: unrelieved amounts
Content moved.
Partnerships - loss relief restrictions: risk-free capital contributions
Content moved.
Partnerships - loss relief restrictions: cost of contribution financed by loan
Content moved.
Content moved.
Content added.
Partnerships - loss relief restrictions: calculation of limit of relief: £25,000 annual limit
Content moved.
Partnerships - loss relief restrictions: limited partners
Content moved.
Partnerships - expenses paid by partners
Content moved.
Partnerships - partners in disagreement
Content moved.
Partnerships - general notes: separate business for tax purposes
Content moved.
Partnerships - computation and assessment: not a separate entity for tax purposes
Content moved.
Partnerships - computation and assessment: profits and losses computed at partnership level
Content moved.
Partnerships - computation and assessment: changes of partners
Content moved.
Partnerships - computation and assessment: allocation must not create or increase a loss
Content moved.
Businesses: mergers: cessation of previous businesses and commencement of new business
Content moved.
Businesses: mergers: previous businesses continue as a merged joint business
Content moved.
Businesses: mergers: one business continues and the other(s) ceases
Content moved.
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Businesses: mergers and demergers: text of Statement of Practice SP 9/86
Content moved.
Partnerships: Limited Liability Partnership (LLP): partners interest relief
Content moved.
Partnerships: Limited Liability Partnership (LLP): restriction of relief for LLP members
Content moved.
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Partnerships: Limited Liability Partnership (LLP): international aspects
Content moved.
Partnerships - general notes: types of partner
Content moved.
Partnerships - general notes: Scottish partnerships
Content moved.
Partnerships - general notes: formation
Content moved.
Partnerships - general notes: dissolution
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Partnerships - general notes: death or retirement of partner
Content moved.
Partnerships: Limited Liability Partnership (LLP): NIC
Content moved.
Partnerships: Limited Liability Partnership (LLP): property investment LLP
Content moved.
Partnerships: EEIGs: background information
Content moved.
Businesses: mergers and demergers: contents
Contents moved
Businesses: mergers and demergers: overview
Content moved.
Partnerships - general notes: definition
content moved
Partnerships: Limited and Limited Liability Partnerships (LLP): contents
Content moved.
Partnerships: Limited partnership: restriction of relief for limited partners
content moved
Partnerships: Limited Liability Partnership (LLP): LLP agreement
contents moved
Partnerships: Limited Liability Partnership (LLP): taxation
content moved
Partnerships: Limited Liability Partnership (LLP): compliance
content moved
Partnerships - computation and assessment: contents
Content moved.
Specific deductions: staffing costs: contents
New page added BIM41718
Deductions: timing: deferred revenue expenditure
Clarify requirement that expenditure has been charged to profit and loss
Two new pages added -BIM70036 and BIM70037
Tax and accountancy: meaning of ‘generally accepted accounting practice’
subject reference added to set context to the example
new guidance
updated guidance
Cash basis: transitional adjustments: leaving the cash basis: capital expenditure
updated guidance FA (No2) 2017
Cash basis transitional adjustments: entering the cash basis
updated guidance FA(No2) 2017
Cash basis: expenses: capital expenditure
updated guidance FA (N0. 2) 2017
guidance updated to reflect new thresholds
Cash Basis: receipts: capital receipts under or after leaving the cash basis
updated guidance resulting from FA (02) 2017
2018
Updated for new CO2 figure from April 2018
Updated for new CO2 levels from 2018
Specific deductions: Employee Benefit Trusts: used with employee share schemes
Update to reflect FA (No.2) 2017. Reference to additional rules and explanatory links inserted.
Specific Deductions: pension schemes: employer-financed retirement benefits schemes
Updated to reflect FA(no 2) 2017; 2nd paragraph added under heading 'Funded employer-financed retirement benefit schemes', and links inserted to new guidance at BIM44571 and BIM44611.
Specific receipts: compensation and damages: loss of office: in course of trade or profession
ESC now enacted in SI 2018/232
Specific deductions - employee benefit trusts: used with healthcare trusts
Update to reflect FA (No.2) 2017. Reference to additional rules and links to explanation inserted.
Updated to reflect FA(No2) 2017, inserting references to the additional rules applying to contributions made after specified dates, and inserting a link to the new example at BIM44611.
Amended to reflect FA(No2) 2017. Guidance now in tabular form to reflect the rules applying to contributions made on specified dates.
Updated to reflect FA(No 2) 2017. Additional bullet point inserted in first section, with link to the new example at BIM44611.
Updated to reflect FA(No2) 2017; final paragraph added regarding contributions made after specified dates, and links inserted to new guidance pages BIM44571 and BIM44611.
Updated to reflect FA(No 2)2017; final paragraph added with links to new guidance pages at BIM44571 and 44611.
Updated to reflect FA(No 2) 2017. Additional sentences added to 2nd paragraph (relating to contributions made after specified dates) and links inserted to new guidance pages BIM44571 and BIM44611.
Specific deductions: pension schemes: introduction
Includes a link to the Pensions Tax Manual
Specific deductions: pension schemes: overview
Includes a link to PTM011300
Specific deductions: pension schemes: S615 schemes
amended to reflect legislation
Authors and literary profits: gifts of literary works
Amendment to link to CIRD45030 to recognise the impact of a gift falling within s845 CTA 2009.
Sports testimonials: Testimonial Committee - PAYE and NIC
Updated for FA 2016 legislation
Subcontractors: expenses: use of home
Added reference to simplified expenses scheme.
Updated for withdrawal of ESC A94
Cash basis: leaving the cash basis
thresholds updated
formatting and updated for 5-yr claims
Averaging: when profits can be averaged
updated for 5-yr averaging
Averaging: giving effect to a claim
Updated for FA 2016
Averaging: amendments to profits: reasons other than averaging: averaging claim in place
Amended for FA 2016
TMIA - Computation: Partial Relief
link
Specific deductions - interest: Overdrawn capital account - adjustments for depreciation and losses
example layout reworked for clarity purposes
Partnerships - general notes: contents
re-ordering
Private Finance Initiative (PFI): contribution of land: value of asset
Updated reference to S49A CTA 2009, introduced by FA 2016, legislating the Gold Coast principle.
Receipts: general: foreign exchange gains and losses
adoption date for FRS102 added
Partnerships - general notes: contents
adding pages
Stock: valuation: mark to market or marking to market
Out of date reference to SSAP 9 changed to FRS102
update to reference the extension to the relief by Sch 9 FA 2014 wef 6.4.15
Partnerships - general notes: contents
New sub pages created
Meaning of trade: mutual trading and members clubs: distributions: S1070 Corporation Tax Act 2010
Updated for FA 2016 section 5, Sch 1 paras 28 and 37 with effect to distributions made in the 2016-17 tax year or later.
Farming in tax law: Short Rotation Coppice
renewals allowance ended 6/4/13
renewals allowance ceased from 6/4/13
Specific deductions: repairs and renewals: statutory renewals allowance
Advised the legislation has now been repealed.
Specific deductions: staffing costs: contents
To add new page to cover statutory CT deduction for retraining course expenses (s74-75 ITTOIA 05/ CTA 09)
Updated for 5-yr averaging
Re-write for FA 2016
Averaging: adjustments to reliefs
Changed for FA 2016
updated for new content
Capital/revenue divide: introduction: interest
Updated to add link to the CFM.
Updated for FA 2016
Updated and simplified for FA 2016
Specific receipts: reverse premiums: fitting out costs
added in - 'the contribution may be deducted from expenditure'
Averaging: amendments to profits: reasons other than averaging: no averaging claim in place
Archived - examples used elsewhere
Averaging: which years may be averaged
Updated for 5-yr claims
specific deductions: staffing costs: employer compliance settlements
Withdrawal of concession
Particular trades: greyhound stadium proprietors
Renewals basis abolished in 2017
contact point updated for non CCM clearances
Computation of liability: overlap relief - given on change of accounting date
clarified calculation for 1-4th April accounting end dates
Computation of liability: basis periods - where first accounting date just before end of tax year
revised to reflect 31 March - 4 April AP end dates
Computing the amount to assess: contents
TPIA added
Specific deductions: travel and subsistence: cars - restriction of hiring costs: contents
Updated to show post 2013 Co2 restrictions rates
Doctors and dentists: superannuation
Amended to clarify treatment of NHS scheme contributions
revised text to clarify situations in which legislation does not apply to contributions
Care providers: qualifying care relief: introduction
Additional information included in overview
Doctors and dentists: superannuation
Clarify position for self-employed doctors and dentists that make contributions of relevant earnings into an NHS pension scheme
Measuring the profits (particular trades): Moneylenders: whether a trade
updated to show new authorisation body
rates updated to 2016/17
BIM44571 added to contents page.
2017
Notification, assessment & payment
confirm notification position for CT
Specific deductions: employee benefit trusts: contents
Updated to reflect FA(No 2) 2017 additional pages BIM44611 and BIM44571 inserted.
Updated to reflect FA(No 2) 2017. Link to new BIM44611 inserted.
Update to reflect FA(No 2) 2017.
Updated to reflect FA(No 2) 2017 and the additional rules applying to contributions made on/after specified dates.
Inserted statutory references relating to contributions to pension schemes (into final section, 2nd bullet point).
Updated to reflect FA(No 2) 2017; 2nd paragraph added under heading 'Payments out of contributions'.
Specific deductions: staffing costs: timing of deduction
Updated to reflect FA(No 2) 2017. New section inserted under the heading 'Remuneration paid on or after 01/04/17 (CT) or 06/04/17 (IT)',
Specific deductions: employee benefit trusts: introduction
Changes to reflect FA (No.2) 2017. Red Cross replaced with well known charity.
Specific deductions - employee benefit trusts: used with accident benefit schemes
Only update is insertion of "GAAP".
Specific deductions: employee benefit trusts: general-purpose EBTs
Update to reflect FA (No.2) 2017. Only change is insertion of "tax" before "avoidance".
Update to reflect FA (No.2) 2017. Reference to additional rules added. Links to explanation and example added. Name of SPT updated to WMBC Assets (except email which has not changed).
Update to reflect FA (No.2) 2017. Name of SPT updated to WMBC Assets Team.
updated to reflect FA (No.2) 2017. Reference to additional rules inserted together with links to explanation and example.
Specific deductions: pension schemes: S615 schemes
Includes a link to the Pensions Tax Manual
Specific deductions: pension schemes: anti avoidance
Includes links to the Pensions Tax Manual
Specific deductions: staffing costs: payments to dependants and close relatives
Includes a link to the Business Income Manual BIM46000
Doctors and dentists: superannuation
Includes a link to the Pensions Tax Manual
Specific deductions: employee benefit trusts: used with retirement benefit schemes
Updated to refer to the Pensions Tax Manual
Expansion of scope of Corporation Tax and Income tax: Trade of dealing in or developing UK land
correction to show correct statutory reference - Section 5B, CTA2009
Disposals of property deriving its value from land
Addition to example to make clear land is not held as trading stock. Addition made after external feeddback
Disposals of property deriving its value from land
Adjustment to Example 1
Commencement and transitional provisions: Overview
Removal of sentence referring to amendment to legislation which has been postponed in FB17
Clarification on meaning of development & new examples
Cash basis: eligibility: partnerships
thresholds updated
Cash basis: receipts: overview
thresholds updated
Notification, assessment & payment
Company notification procedure under SA updated.
Commencement and transitional provisions: Overview
Adjusted to include GAAP recognition from 8 March 2017
Profits from a trade of dealing in or developing UK land (from 16 March 2016): Contents
BIM60510+ added
Profits from a trade of dealing in or developing UK land: Anti-fragmentation: Interest
link updated
Profits from a trade of dealing in or developing UK land: Anti-fragmentation: Example
link for image updated
2016
Specific receipts: refunds of sums paid as VAT: contents
Added new page to the content listing.
Computing the amount to assess: contents
Sub page inserted - Mixed Membership Guidance