Change of accounting basis
Adjustment expense
Generally
Meaning
Previously brought into account
Realising or writing off assets
Adjustment income
Calculation of adjustment
Charge to tax
Circumstances in which an adjustment may arise
Deductions
Depreciation
Earned income
Loss relief
Mark to market
Meaning
Person liable for tax
Personal representatives
Property businesses
Realising or writing off assets
Spreading adjustment
Valuing stock or work in progress
When arising
Adjustment on
Calculation of
Deferred revenue expenditure
Derivative contracts
Expenses previously brought into account
Generally
Giving effect to
Giving effect to positive and negative adjustments
Intangible fixed assets
Leaving the cash basis
Loan relationships
Mark to market, change from realisation basis
Property income
Realising or writing off assets
Realising/writing off assets
Transfer of insurance business
Barristers and advocates
Cash basis for small businesses
Generally
Change of basis, meaning
Generally
Insurance companies, mark to market basis
Intangible assets
Mark to market
Election for spreading
General rule
Transfer of insurance business, preservation of deferral and spreading option
Offshore funds
Partnerships
Personal representatives
Practice applicable, meaning
Spreading adjustment
Corporation tax
Income tax