BLM74015 - Schedule 12 FA 1997: bad
debts: reducing cumulative accountancy rental excess
The necessary rules, reducing cumulative accountancy rental
excess for a trading income bad debt deduction, are in
FA97/Sch12/Para9. They address separately the case where a bad debt
deduction is given for a period of account in which:
accountancy rental earnings exceed normal
rent (see
BLM74020).
