PIM Update Index - Recent changes to this Manual

Below are details of the amendments that were published on 27 May 2005 (see the update index for all updates)

The Property Income Manual has been merged with the booklet IR150 ‘Taxation of Rents - a guide to property income’ which has been withdrawn. Whilst the guidance is essentially unchanged many minor changes of detail have been made to reflect current Business Tax manual standards. There have been revisions to the material which was in the IR150 to reflect changes since it was last published in April 1999 and also to the PIM, particularly sub-headings, to reduce duplication and aid understanding.

Due to time constraints it has not been possible to rewrite the combined material so readers should bear in mind that there are still areas where a degree of duplication or repetition occurs. There are also some pages that are longer than desirable. In addition there are nine new pages and one deleted page as listed below. Nineteen pages have been renumbered to facilitate a contents page for most chapters.

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.