(re)negotiation services

Alternative property finance relief

Generally

Associated companies, interest payable

– see Interest

Attribution of payments

Bad

Bad debt relief

Bad, credit for

Bankruptcy order, court's jurisdiction

Business assets sold to satisfy

Generally

Regulations

Capital gains tax

Foreign currency bank accounts

General provisions

Generally

Loans to traders, relief

Location

Chargeable consideration

Debt, defined

Gifts

Joint owners

Overview

Planning obligations

Chargeable gains

Allowable loss

Connected persons

Convertibility

Debt on a security

Default on mortgage granted by vendor

Deferred consideration

Disposal of a debt

Documentation

Exceptions

Foreign currency bank accounts/deposits

Generally

Investment nature

Loans to traders

– see Loans

Marketability

Property transferred in satisfaction of a debt

Qualifying corporate bonds

Reorganisations involving debentures

Term/early redemption

Transfers between groups

Collection and factoring

Collection services

Companies

Consortium relief

Conveyance in consideration of

Corporate and government

Corporation tax problem

Country-risk

Crown proceedings

Crown's priority in insolvencies

Deductions, restriction of

Derivative contracts

– see also Derivative contracts

Generally

Disallowed as deduction

Factoring and discounting

Finance leases

Foreign exchange gains and losses

Funding bonds issued in respect of interest

Goods sold in satisfaction of

Groups, assignment between members

Incurred and subsequently released

Inheritance tax

Generally

Locality

Repayment of non-deductible

Transfers on death

Instalments, paid by

Intangible assets

Intangible fixed assets

Interest

Loan relationships

Loans to traders, guarantee

Managed service companies

Nil-rate band discretionary trusts

Outstanding at date of death

Overseas governments

Overseas trade debts

Overseas, relief for

Post-cessation receipts

Preferential debts

Preferential, categories of

Generally

Preferential, insolvency

Preferential, priority

Preferential/non-preferential, voluntary liquidation

Release or write off

Released

Released, treated as trading receipts

Sales

Set-off of credits and debits

England, Wales and Northern Ireland

No set-off where insolvency procedures applied

Retained funding bonds, tender by commissioners

Right to be paid a sum transferred

Sovereign

Statutory

Bankruptcy order where returns incorrectly recording VAT payable

Set-off by Crown

Taking control of goods

England and Wales

Procedures

Scotland, summary warrant

Tax

– see Tax debts

Tax liability extinguished by agreement

Trading expenditure

Accountancy practice

Advances on loan

Distinction between bad debts and losses

Evidence required

Generally

HMRC's guidance

Overseas debts

Post-cessation receipts

Subsequent recovery

Waivers and slow payers

Trading receipts

Transactions in, loss relief

Unremittable trade debts

Generally

Relief for

Restrictions on relief

Withdrawal of relief

Writing off