Cash basis
Automatic application of
Commentary –
Chanda on Property Investment 6.6.2
Barristers
Commentary –
Key Data ¶3-260
Capital expenditure
Legislation/Regulatory –
ITTOIA2005 s. 307B
Deduction for costs of loans
Legislation/Regulatory –
ITTOIA2005 s. 307C
Disposals of wasting assets
Commentary –
Tax Reporter ¶508-975
Excluded persons
Commentary –
Key Data ¶3-260
GAAP where not applied
Commentary –
Chanda on Property Investment 6.6.1
Interest relief restriction
Commentary –
Chanda on Property Investment 7.2.5
Modification of deduction for costs of loans
Legislation/Regulatory –
ITTOIA2005 s. 307D
Option for smaller businesses
Commentary –
Chanda on Property Investment 6.1
Property businesses
Rental profits
Commentary –
Golding and Connolly on Advising British Expats 5.7
Sideways relief unavailable
Small businesses
Commentary –
Key Data ¶3-260
Unincorporated businesses
Commentary –
Key Data ¶3-260