Film loss relief
Income treated as arising when chargeable event occurs
Capital contribution, meaning
Legislation/Regulatory –
ITA2007 s. 801, Sch. 2, para. 146
HMRC Guidance –
BIM56540
Charge to tax
Legislation/Regulatory –
ITA2007 s. 796
Disposal of a right of the individual to profits
Legislation/Regulatory –
ITA2007 s. 799
HMRC Guidance –
BIM56530
Double counting prohibition
Legislation/Regulatory –
ITA2007 s. 803, Sch. 2, para. 149
HMRC Guidance –
BIM56535
Exclusion of amounts in calculating capital contribution by partner
HMRC Guidance –
BIM56545
Film-related losses, meaning
Legislation/Regulatory –
ITA2007 s. 800, Sch. 2, para. 145
HMRC Guidance –
BIM56520
Generally
Legislation/Regulatory –
ITA2007 s. 797, Sch. 2, para. 144
Non-taxable consideration, meaning
Legislation/Regulatory –
ITA2007 s. 798
HMRC Guidance –
BIM56525
Partnerships
HMRC Guidance –
BIM56510
Terminal losses
Legislation/Regulatory –
SI 2007/678