Abortive expenses

Accounting

Conditions

Disregard Regulations

Embedded derivatives

Exchange gains

Expenses

Mandatory fair value accounting

Not complying with GAAP

Property and embedded derivatives

Records

Related transactions

Transitional adjustments

Treatment

Accounting debit fairly represents loss from

Accounting standards

Accounting period

Adjustments on change of accounting policy

Amounts not fully recognised for accounting purposes

Associated operations

Capital expenditure

Change in

Change of accounting practice

Derecognition

Equity or shareholder's funds

Fair value accounting

Financial asset or liability, contract is or forms part of

Offshore funds

Open-ended investment company

Relevant contracts

Unit trusts

Aircraft, disregard and bringing into account profits and losses

Anti-avoidance provisions

Associated transactions

Authorised investment funds

Bad debts and released amounts

Becoming

Capital amount

Capital treatment

Capitalised expenditure

Carrying value, meaning

Ceasing to be

Ceasing to be party to

Ceasing to be UK resident

Change of accounting practice

Charge to tax

Chargeable gains

Chargeable gains and losses, tax mitigation scheme

Chargeable gains/allowable loss

Accruing, treated as

Acquisition costs of shares

Carry back of net losses

Chargeable asset, meaning

Contract becoming a derivative contract

Contract ceasing to be derivative contract

Credits and debits not to be brought into account

Deemed contracts for differences

Deemed options

Embedded derivatives, disposals

Embedded derivatives, equity instruments

Exactly tracking contract, embedded derivatives

Exercise of option

Generally

Land

Offshore funds

Open-ended investment companies

Options, embedded derivatives

Property based total return swaps

Relevant credits and relevant debits, meaning

Tangible movable property

Unit trusts

Collective investment schemes

Offshore funds

Company ceasing to be resident in UK

Connected companies

Contract for differences, meaning

Creditor relationship, meaning

Credits and debits brought into account

Abortive expenditure

Adjustments on change of accounting policy

Amounts recognised in determining profit or loss

Capital expenditure

Ceasing to be party to

Ceasing to be UK resident

Contract ceasing to be derivative contracts

Embedded derivatives

Equity or shareholder's funds

Exchange gains and losses

Fair value accounting

General principles

Generally

Indexed-linked gilt-edged securities with embedded contracts for differences

Insolvency arrangements

Non-UK resident ceasing to hold

Partnerships

Pre-contract expenditure

Related transaction, meaning

Debits and credits to be brought into account

Debtor relationship, meaning

Deduction of tax at source, exception

Definitions

Derecognition

Derecognition of financial asset

Determining underlying subject matter

Disregard and bringing into account profits and losses

Commodity contracts or debt contracts, fair value profits or losses

Currency and commodity contracts, fair value profits or losses

Currency contracts, fair value profits or losses

Exchange gains and losses arising from liabilities or assets hedging shares, ships or aircraft

Fair value profits and losses

Interest rate contracts, fair value profits or losses

Relevant time, meaning

Relevant value, meaning

Review period

Disregard credits and debits

Distinction between options, futures and contracts for differences

Double taxation relief

Cross-border transfers and mergers

Disregard of foreign tax

Hedging relationship, limits on/reduction of credit relief

Embedded derivatives

Accounting treatment

Capital treatment

Chargeable gains

Creditor relationships

Deemed contracts for differences

Deemed options

Disapplication of fair value accounting

Exclusions

Generally

Groups of companies, fair value accounting

Index-linked gilt-edged securities

Loan relationships

Other contracts

Entry conditions

European co-operative society (SCE)

European company (SE)

European cross-border mergers

Clearances

Company, meaning

Generally

Notional carrying value

Tax avoidance

Transferee and transferor, meaning

Transparent entities

European cross-border mergers and transfers

European cross-border transfers

Clearance procedures

Company, meaning

Generally

Notional carrying value

Tax avoidance cases

Transparent entities

Exchange gains and losses

Excluded body, meaning

Exclusions

Exclusions because of underlying subject matter

Disregard of subordinate or small value

Embedded derivatives

Futures

Generally

Options

Financial trader, definition

Foreign exchange gains and losses

Future, meaning

Generally

Group mismatch schemes

Controlled foreign companies

Economic profits and losses, meaning

Finance arrangements

Foreign companies and foreign permanent establishments

Generally

Group, meaning

Losses and profits to be disregarded

Meaning

Provisions treated as of no effect

Relevant tax advantage, meaning

Repos or quasi-repos

Scheme group, meaning

Scheme loss, meaning

Scheme period, meaning

Scheme profit, meaning

Scheme, meaning

Tax capacity assumption

Trading income

Groups

Groups of companies

Embedded derivatives

Group member replacing another as party to

Tax avoidance

Transferee leaving group after replacing transferor

Transferor using fair value accounting

Hedging relationship, meaning

Income arising

Insolvency arrangements

Insurance companies

Investment companies functional currency

Investment funds

Investment trusts, capital profits and losses

Land

Loan relationships

Connected debtor and creditor, debits exceeding credits

Embedded derivatives

Host contract

Priority rules

Meaning

Mutual trading companies

Non-corporates holding swaps

Non-resident companies

Non-UK resident company ceasing to hold

Novation of swaps between group companies, avoidance of tax

Offshore funds

Open-ended investment companies

Partnerships involving companies

Determination of credits and debits

Fair value accounting

Generally

Plain vanilla contract

Meaning

Pre-30 December 2006

Power to amend provisions

Pre-contract expenses

Priority rules

Generally

Loan relationships

Profits and losses

Brought into account

Calculation

Chargeable as income

Credits and debits brought into account

Non-trading credits and debits brought into account

Profits and losses, treatment

Property based total return swaps

Property, chargeable gains

Relevant contract, qualifying as

Relevant contracts

Accounting conditions

Companies treated as parties to

Generally

Offshore funds

On 16 March 2005

On 28 July 2005

Open-ended investment companies

Party to such contracts

Underlying subject matter

Unit trusts

Risk transfer schemes

– see also Risk transfer schemes

Generally

Scope of rules

Securities house, meaning

Shares, disregard and bringing into account profits and losses

Ships, disregard and bringing into account profits and losses

Splitting

Tangible movable property

Tax avoidance

Accumulated net losses, allowance for

Connected companies, transfers of value

Derecognition

Disposals for consideration not fully recognised by accounting practice

Exchange gains and losses

Generally

Non-UK residents, transactions with

Transactions not at arm's length

Unallowable purposes

Tax mismatch schemes

Economic profits and losses, meaning

Generally

Losses and profits to be disregarded

Meaning

Priority

Relevant tax advantage/disadvantage, meaning

Scheme loss/profit, meaning

Scheme period, meaning

Scheme, meaning

Tax capacity assumption

Trading receipts

Trading/non-trading split

Transfer pricing

Transfer pricing provisions of Income and Corporations Taxes Act 1988, Sch. 28AA

Transitional provisions

Unallowable purposes

Underlying subject matter

Exclusion of contracts because of

Generally

Meaning

Venture capital trusts, capital profits and losses

Withholding tax