Related Commentary  Related HMRC Manuals

716(1)  References in this Part to an amount “recognised” in determining a company's profit or loss for a period are to–

(a)an amount recognised in–

(i)the company's profit and loss account, income statement or statement of comprehensive income for that period,

(ii)the company's statement of total recognised gains and losses, statement of recognised income and expense, statement of changes in equity or statement of income and retained earnings for that period, or

(iii)any other statement of items brought into account in calculating the company's profits and losses for that period, and

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.