This guidance describes the post-FA 2002 taxation of loan
relationships, derivative contracts and FOREX.
This part of the guidance sets out the computational rules
that apply when the company prepares accounts in a non-sterling
currency.
CFM10521 gives details of the
circumstances in which the rules apply, and
CFM10525+ sets out what the rules are.
For companies using currency accounting for the first time,
see the transitional rules at
CFM10540.
| CFM10521 | Currency transactions and accounting: pre IAS introduction |
| CFM10522 | Currency transactions and accounting: pre IAS transactions in other currencies |
| CFM10525 | Currency transactions and accounting: basic rules pre IAS |
| CFM10526 | Currency transactions and accounting: computing the return figures |
| CFM10526a | Currency transactions and accounting: example of a taxable profit computation |
| CFM10527 | Currency transactions and accounting: requirement to use an arm’s length exchange rate |
| CFM10528 | Currency transactions and accounting: how to complete the company return |
| CFM10530 | Currency transactions and accounting: computation of capital allowances on plant and machinery |
| CFM10530a | Currency transactions and accounting: example of capital allowances on plant and machinery |
| CFM10531 | Currency transactions and accounting: IBA and other capital allowances |
| CFM10531a | Currency transactions and accounting: example of straight line capital allowances |
| CFM10532 | Currency transactions and accounting: computing capital gains in a non-sterling currency |
| CFM10540 | Currency transactions and accounting: changing to foreign currency accounting |
