Allowable expenditure

Avoidance devices

Business expansion scheme, qualifying conditions for relief

Capital allowances

Anti-avoidance

Generally

Overseas leasing

Ships

Short-life assets

Successions

Capital allowances on sale

Capital gains tax

Generally

Losses

Meaning

Rights or restrictions over assets

Series of transactions

Capital losses, restrictions re

Car hire expenses

Chargeable gains

Allowable loss

Control over company

Debts

Family relationship

General provisions

Generally

Partnerships

Table of persons connected with individual/trustee or company

Transactions between

Transfers between

Trusts and settlements

Valuation

Chargeable gains, capital loss on sale of shares

Community investment tax relief

Companies

– see also Associated companies

Purchase of own shares

Company distributions

Consideration received by, under avoidance schemes

Continuous supplies of goods or services, tax point

Continuous supplies of services, annual tax point

Corporate venturing scheme

Defined

Direction that supplies accounted for at open market value

Dispositions not intended to confer gratuitous benefit

Enterprise investment scheme

Generally

Gifts of business assets, foreign-controlled companies

Gifts of trading stock to charities

Inheritance tax

Companies

Individuals

Significance

Transactions between

Trustees

Inheritance tax, dispositions, no gratuitous intent

Loan relationships

Local enterprise agencies

Long-term asset

Destruction of

Disposal of

Loss of

Meaning

Oil taxation

Corporation tax

Petroleum revenue tax

Purchase by company of own shares

Research and development

Reverse premiums

Seed enterprise investment scheme

Supplies between, charging VAT

Taxable amount, compatibility of national provisions with Community law

Transactions between

Transactions in land

Trustees

Valuation of trading stock

Value of supply

Acquisition of goods

EU law

Generally

Leasing between connected persons

Over valuation