Accounting period on or after 1 October 2002

Aircraft

Alternative calculation

Controlled foreign companies, matching

Deemed gains and losses on disposal of matched assets

Effectiveness of elections

Elections for matching

Matching

Anti-avoidance provisions

Arm's length test, abolition of requirements for direction

Bringing amounts into account

Chargeable gains, bringing into account gains and losses

Chargeable gains, non-sterling debts

Controlled foreign companies

Debt on a security, allowable loss

Derivative contracts

Accounting treatment

Anti-avoidance provisions

Anticipatory hedges

Bringing into account profits and losses

Counterfactual currency movement assumptions

Counterfactual currency movement assumptions, treatment of options

Determining net gains or net losses

Disregard

Exceptions to the general rule

Fair value accounting

Forward points

General outline

General rule

Generally

Guarantor company

Hedging anticipated or future profits from certain share issues

Identification rules

Interpretative provisions

Investment companies

Liabilities or assets hedging shares, ships or aircraft

Matching rules

Net asset value matching

One-way exchange effect

Operative condition, meaning

Option, meaning

Overseas business results

Own share capital matching

Quasi-equity loans

Relevant contingent contract, meaning

Relevant exchange gain, meaning

Relevant exchange loss, meaning

Reorganisations and no gain/no loss transfers

Risk transfer scheme

Test day

Transactions not at arm's length

Translation of business results

Fluctuations in exchange rates

Hedging transaction, corporation tax on chargeable gains

Insurance companies

Investment companies functional currency

Derivative contracts

Generally

Loan relationships

Investment trusts

Lloyd's underwriters

Loan relationships

Accounting treatment

Anti-avoidance provisions

Anticipatory hedges

Bringing into account profits and losses

Connections between persons

Counterfactual currency movement assumptions

Counterfactual currency movement assumptions, treatment of options

Deferred gains

Determining net gains or net losses

Disregard

Exceptions to the general rule

Fair value accounting

General outline

General rule

Generally

Guarantor company

Interpretative provisions

Investment companies

Liabilities, arising from

Matching rules

Net asset value matching

Non-lending relationships

One-way exchange effect

Operative condition, meaning

Option, meaning

Overseas business results

Own share capital matching

Partnerships

Quasi-equity loans

Relevant contingent contract, meaning

Relevant exchange gain, meaning

Relevant exchange loss, meaning

Relevant value, meaning

Reorganisations and no gain/no loss transfers

Ring fence trades

Risk transfer scheme

Test day

Tonnage tax

Transactions not at arm's length

Transitional provisions

Translation of business results

Unallowable purposes

Loans trading transactions

Local currency elections

Determination of accounting period for which elections to have effect

Determination of rate of exchange

Determination, factors affecting

Effectiveness of elections

Elections for part trades

Elections for trades

Information to be submitted with elections

Primary economic environment, factors relevant to

Money debts

Notional profits on currency translations

Offshore funds

Rates

Fluctuations

Repayment of loans, capital or revenue expenditure

Sale and repurchase of securities

Ships

Substantial shareholding exemptions

Substantial shareholdings exemption

Transitional provisions

Accounting period on or after 1 October 2002

Assets and liabilities as respects an attributed gain or loss

Attributed gains and losses, assets formerly within capital gains tax regime

Attributed gains and losses, trade assets and liabilities

Chargeable gains/allowable losses, amounts to be reduced/set against

Cumulative gains and losses

Debts of fixed amounts

Elections to defer bringing into account relevant gains and losses

Elections to treat losses as debits

Gains and losses on disposal of assets and liabilities

Losses, treatment of

Pre-commencement gains and losses, Schedule D, Case I assets/liabilities and capital assets

Replacement loans