Below are details of the amendments that were published on 30
November 2005.
Please note that updates are made to the Internet copy of
manuals a week or so after they are made to the version on the
Inland Revenue internal Intranet.
| Section | Title and details of the update |
| CIRD10101 | Intangible assets:
introduction: background (including goodwill).
First section under ‘scope’ heading comprehensively rewritten. |
| CIRD10110 | Intangible assets:
introduction: overview of FA02/SCH29 tax rules.
Whole page comprehensively rewritten. |
| CIRD10116 | Intangible assets:
introduction: simple example of taxation entries derived from
figures in accounts.
Minor changes to opening paragraph. |
| CIRD11030 | Intangible assets within
FA02/SCH29: asset conditions: general intention.
Addition of final two sentences. |
| CIRD11070 | Intangible assets within
FA02/SCH29: asset conditions: goodwill.
Minor text changes under ‘Application of statutory exclusions to goodwill’ sub-heading. |
| CIRD12000 | Core computational rules:
accounting: contents.
New pages CIRD12300/10/20 added to table of contents. |
| CIRD12300 | Core computational rules:
accounting: change of accounting policy.
New page. |
| CIRD12310 | Core computational rules:
accounting: change of accounting policy: disaggregation of assets.
New page. |
| CIRD12320 | Core computational rules:
accounting: disaggregation of assets: fixed rate write down
elections.
New page. |
| CIRD12500 | Core computational rules:
deductible debits: general matters and adjustments for tax
purposes: contents.
Heading of page CIRD12670 changed. |
| CIRD12510 | Core computational rules:
deductible debits: general matters and adjustments for tax
purposes: introduction.
New second paragraph ‘Guidance on deductible debits that may arise on a change in accounting policy is provided at CIRD12300 onwards’. |
| CIRD12580 | Core computational rules:
deductible debits: general matters and adjustments for tax
purposes: mostly relevant where expenditure written off as
incurred.
Section under sub-heading ‘Debt impairments and bad debts’ rewritten. |
| CIRD12670 | Core computational rules:
deductible debits: general matters and adjustments for tax
purposes: debt impairment losses and bad debts.
Page comprehensively rewritten. |
| CIRD12905 | Core computational rules:
deductible debits: relief for capitalised expenditure on an
intangible asset: fixed rate relief: general.
Heading changed and new section under sub-heading ‘Disaggregated assets’. |
| CIRD13000 | Core computational rules:
taxable credits: contents.
Delete CIRD13070 from table of contents. |
| CIRD13010 | Core computational rules:
taxable credits: introduction.
New paragraph ‘Guidance on taxable credits that may arise on a change in accounting policy is provided at CIRD12300 onwards’ after list ‘a’ – ‘d’. |
| CIRD13050 | Core computational rules:
taxable credits: revaluation of intangible assets.
Paragraph under sub-heading ‘Asset value adjusted on change in accounting policy’ rewritten. |
| CIRD13070 | Core computational rules:
taxable credits: revaluation of intangible assets: adjustment on
change of accounting policy.
Page deleted and contents moved to CIRD12000 chapter. |
| CIRD13090 | Core computational rules:
taxable credits: accounting gains reversing previous accounting
losses.
Final paragraph beginning ‘See CIRD12300 onwards……..’ revised. |
| CIRD20060 | Reinvestment relief:
general matters and conditions to be satisfied: on realisation:
proceeds test.
Minor text changes to sub-heading (2) and first line following heading. |
| CIRD25030 | Intangible assets
excluded from Schedule 29: assets outside FRS10/IAS38: rights over
tangible assets.
Paragraph under ‘Rights over land’ sub-heading substantially revised. What is adherent goodwill? – new sub-heading and paragraphs. |
| CIRD42000 | Intangible assets:
company reorganisations: contents.
New page CIRD42080 added to table of contents. |
| CIRD42000 chapter | Business Tax Clearance Team name changed to Anti-Avoidance Group (Intelligence), Clearance and Counteraction Team twice on pages CIRD42025, CIRD42035, CIRD42040, and CIRD42065. |
| CIRD42010 | Intangible assets: company reorganisations:
overview.
Addition of fifth bullet: -the formation of a European company (‘Societas Europaea’ or ‘SE’) CIRD42080. |
| CIRD42030 | Intangible assets: company reorganisations:
transfer of UK trade between EU residents: general.
New final paragraph ‘For transfers of businesses by formation of a Societas Europaea (SE) see CIRD42080’. |
| CIRD42055 | Intangible assets:
company reorganisations: transfer of foreign branch or agency from
UK to a non resident company: further deferral.
Business Tax (Technical) changed to CT&VAT (Technical). |
| CIRD42060 | Intangible assets:
company reorganisations: transfer of non UK trade between EU
companies.
New final paragraph ‘For transfers of trades by formation of a Societas Europaea (SE) see CIRD42080’. |
| CIRD42080 | Intangible assets:
company reorganisations: formation of a Societas Europaea (SE).
New page. |
| CIRD42100 | Intangible assets: company reorganisations:
advance clearances: general.
Changes of title, address, and contact details for former Business Tax Clearance Team. |
| CIRD45000 | Intangible assets:
related party rules: contents.
New pages CIRD45033 & CIRD45035 added to table of contents. |
| CIRD45030 | Intangible assets:
related party rules: market value rule: general.
Page comprehensively revised. |
| CIRD45033 | Intangible assets:
related party rules: market value rule: transfers giving rise to a
distribution or employment income charge.
New page. |
| CIRD45035 | Intangible assets:
related party rules: market value rule: transfers where CGT gifts
hold-over relief is claimed.
New page. |
| CIRD45105 | Intangible assets:
related party rules: statutory definition: outline.
‘Case three’ paragraphs revised and extended. |
| CIRD45180 | Intangible assets:
related party rules: definition of control: power to attribute
interests of one person to another: general.
Numbering changes under first sub-heading. |
| CIRD45190 | Intangible assets:
related party rules: definition of control: power to attribute
interests of one person to another: ‘connected
persons’.
Minor changes under ‘By virtue of control or a major interest’ sub-heading. |
| CIRD45195 | Intangible assets:
related party rules: definition of control: power to attribute
interests of one person to another: other than by virtue of
‘connected person’ test.
Minor changes to opening sentence. |
| CIRD45250 | Intangible assets:
related party rules: participator in close company.
Page comprehensively revised. |
| CIRD48000 | Intangible assets:
avoidance: contents.
New pages CIRD48260 & CIRD48270 added to table of contents. |
| CIRD48260 | Intangible assets:
avoidance: new measures in F2A05: change to rules: market value
rules.
New page. |
| CIRD48270 | Intangible assets:
avoidance: new measures in F2A05/S41: change to rules: related
party rules.
New page. |
| CIRD60155 | Remediation of
contaminated land: definition: relevant land remediation.
First two bullet points revised for greater clarity. |
| CIRD80520 | R&D tax relief:
examining a claim: introduction.
New sub-heading ‘Guidance on claims’ added to page at end. |
| CIRD81300 | R&D tax relief:
conditions to be satisfied: expenditure must be on an R&D
project.
New sub-heading ‘Judicial guidance’ added to page at end. |
| CIRD81400 | R&D tax relief:
conditions to be satisfied: relevant R&D.
Statute in first sub-heading revised and expanded. |
| CIRD82000 | R&D tax relief:
categories of qualifying expenditure: contents.
New pages CIRD84400 added to table of contents. |
| CIRD84400 | R&D tax relief:
categories of qualifying expenditure: application to clinical trial
volunteers.
New page. |
Click on one of the dates below to see details of previous updates to this Manual.
| 2005 | 2004 | 2003 |
| 20-06-05 | 25-11-04 | 12-11-03 |
| 14-04-05 | 09-07-04 | |
| 17-02-05 | 21-04-04 | |
| 25-02-04 |
