Bad and doubtful debts

Commentary – Tax Reporter ¶211-050
HMRC Guidance – BIM42700 ; BIM42705 ; BIM42710 ; BIM42715 ; BIM42720
Case Law – Sycamore plc & Anor v Fir (HMIT)

Barristers and advocates

Commentary – Tax Reporter ¶205-620

Change of accounting basis

– see Change of accounting basis

Computation of trade profits

Barristers and advocates

Commentary – Tax Reporter ¶205-620

Consistency

Commentary – Tax Reporter ¶205-480
HMRC Guidance – BIM31010

Deferred revenue expenditure

Commentary – Tax Reporter ¶205-490
HMRC Guidance – BIM42215

Distinction between capital and revenue expenditure

Commentary – Tax Reporter ¶205-475
HMRC Guidance – BIM31060 ; BIM31065

Generally accepted accounting practice (GAAP)

Commentary – Tax Reporter ¶205-350
HMRC Guidance – BIM31015

Income recognition

Commentary – Tax Reporter ¶205-470
HMRC Guidance – BIM31080 ; BIM31110

Insurance agents' commission

Commentary – Tax Reporter ¶205-640
HMRC Guidance – BIM40685
Case Law – COMMISSIONERS OF INLAND REVENUE v. GARDNER MOUNTAIN & D'AMBRUMENIL, LTD. ; Robertson v IR Commrs

International accounting standards (IAS)

Commentary – Tax Reporter ¶205-360 ; Tax Reporter ¶205-365
HMRC Guidance – BIM31025 ; BIM31027

Key statutory principles

Commentary – Tax Reporter ¶205-300

Ordinary principles of commercial accountancy

Commentary – Tax Reporter ¶205-380 ; Tax Reporter ¶205-455
HMRC Guidance – BIM31045 ; BIM31047

Provisions

Commentary – Tax Reporter ¶205-465
HMRC Guidance – BIM46560 ; BIM46565
Case Law – ATHERTON (H.M. INSPECTOR OF TAXES) v. BRITISH INSULATED AND HELSBY CABLES, LIMITED. ; Owen (H.M. Inspector of Taxes) v. Southern Railway of Peru, Ltd

Deferred revenue expenditure

Commentary – Tax Reporter ¶205-490
HMRC Guidance – BIM42215

Evidence, role of

Commentary – Tax Reporter ¶205-390 ; Tax Reporter ¶205-550 ; Tax Reporter ¶707-100 ; Tax Reporter ¶707-110

Finance leases

Commentary – Tax Reporter ¶215-150 ; Tax Reporter ¶221-620
HMRC Guidance – BIM61001 ; BLM32210

Financial Reporting Standards (FRS)

Provisions, contingent liabilities and contingent assets

Commentary – Tax Reporter ¶205-465
HMRC Guidance – BIM46560 ; BIM46565
Case Law – ATHERTON (H.M. INSPECTOR OF TAXES) v. BRITISH INSULATED AND HELSBY CABLES, LIMITED. ; Owen (H.M. Inspector of Taxes) v. Southern Railway of Peru, Ltd

Foreign exchange gains and losses

– see Foreign exchange gains and losses

Generally accepted accounting practice (GAAP)

Meaning

Commentary – Tax Reporter ¶205-350
HMRC Guidance – BIM31015

Real estate investment trusts

Commentary – Tax Reporter ¶788-140

Intangible fixed assets

Commentary – Tax Reporter ¶722-500

International accounting standards

Real estate investment trusts

Commentary – Tax Reporter ¶788-140

International accounting standards (IAS)

Generally

Commentary – Tax Reporter ¶205-360
HMRC Guidance – BIM31025

History of

Commentary – Tax Reporter ¶205-365
HMRC Guidance – BIM31027

Setting

Commentary – Tax Reporter ¶205-365
HMRC Guidance – BIM31027

Loan relationships

– see Loan relationships

Ordinary principles of commercial accountancy

Commentary – Tax Reporter ¶205-380 ; Tax Reporter ¶205-455
HMRC Guidance – BIM31045 ; BIM31047

Overview

Commentary – Tax Reporter ¶205-450

Pre-6 April 2005

Commentary – Tax Reporter ¶200-200

Provisions, contingent liabilities and assets

Commentary – Tax Reporter ¶205-465
HMRC Guidance – BIM46560 ; BIM46565
Case Law – ATHERTON (H.M. INSPECTOR OF TAXES) v. BRITISH INSULATED AND HELSBY CABLES, LIMITED. ; Owen (H.M. Inspector of Taxes) v. Southern Railway of Peru, Ltd

Real estate investment trusts

Commentary – Tax Reporter ¶788-140

Research and development

Commentary – Tax Reporter ¶218-000
HMRC Guidance – CIRD81900

Rounding of profit figures

Commentary – Tax Reporter ¶205-100

Securitisation companies

Commentary – Tax Reporter ¶807-200

Statements of Standard Accounting Practice (SSAP)

Finance lease rental payments

Commentary – Tax Reporter ¶215-150
HMRC Guidance – BIM61001 ; BLM32210

Leases and hire-purchase contracts

Commentary – Tax Reporter ¶215-150
HMRC Guidance – BIM61001 ; BLM32210

Valuation of stocks and long-term contracts

Commentary – Tax Reporter ¶224-500
HMRC Guidance – BIM33100 ; BIM33160
Case Law – COMMISSIONERS OF INLAND REVENUE v. COCK RUSSELL AND CO., LTD. ; Ryan (H.M. Inspector of Taxes v. Asia Mill, Ltd. ; WHIMSTER & CO. v. THE COMMISSIONERS OF INLAND REVENUE.

Trading stock

Generally

Commentary – Tax Reporter ¶224-000
HMRC Guidance – BIM33190

Post-balance sheet events

Commentary – Tax Reporter ¶224-850
HMRC Guidance – BIM31040

Valuation

Commentary – Tax Reporter ¶205-485 ; Tax Reporter ¶224-500
HMRC Guidance – BIM33100 ; BIM33160
Case Law – COMMISSIONERS OF INLAND REVENUE v. COCK RUSSELL AND CO., LTD. ; Ryan (H.M. Inspector of Taxes v. Asia Mill, Ltd. ; WHIMSTER & CO. v. THE COMMISSIONERS OF INLAND REVENUE.

UITF 40

Generally

Commentary – Tax Reporter ¶206-470 ; Tax Reporter ¶707-230