Intangible fixed assets | Croner-i Tax and Accounting

Accounting rules and policy

Accounting value, meaning

Legislation/Regulatory – CTA2009 s. 719

HMRC Guidance – CIRD12770 ; CIRD20230

Adjustments on change of policy

Legislation/Regulatory – CTA2009 s. 871-879

HMRC Guidance – CIRD13250 ; CIRD44075 ; CIRD44077

Consolidated group accounts

Legislation/Regulatory – CTA2009 s. 718

HMRC Guidance – CIRD30080

GAAP-compliant accounts

Legislation/Regulatory – CTA2009 s. 716-718

HMRC Guidance – CIRD12230

Recognised, meaning

Legislation/Regulatory – CTA2009 s. 716

Acquisition and realisation together, values to be used

Legislation/Regulatory – CTA2009 s. 856

HMRC Guidance – CIRD12730 ; CIRD12735 ; CIRD12740 ; CIRD13245

Adjustments on change of accounting policy

Disaggregation

Legislation/Regulatory – CTA2009 s. 874-877

HMRC Guidance – CIRD12310 ; CIRD12905 ; INTM539000

Generally

Legislation/Regulatory – CTA2009 s. 871, 872

HMRC Guidance – CIRD12300 ; CIRD44070

Bad debts

Legislation/Regulatory – CTA2009 s. 869

Becoming chargeable intangible asset

Legislation/Regulatory – CTA2009 s. 863

HMRC Guidance – CIRD11655 ; CIRD12745 ; CIRD47020 ; CTM81580

Ceasing to be chargeable intangible asset

Deemed market value rule

Legislation/Regulatory – CTA2009 s. 859

HMRC Guidance – CIRD13270 ; CIRD25120 ; CIRD47030

Postponement of gain

Legislation/Regulatory – CTA2009 s. 860-862

HMRC Guidance – CIRD25120 ; CIRD47040

Charitable companies, exemption for

Legislation/Regulatory – CTA2010 s. 488

Companies in partnership

Commentary – Ford on Tax Losses 8.9

Company with investment business, restriction on relief

Legislation/Regulatory – CTA2010 s. 681, 698

Controlled foreign companies

Commentary – Tax Reporter ¶768-120

Legislation/Regulatory – CTA2009 s. 870 ; TIOPA2010 s. 371SK

HMRC Guidance – INTM240100

Corporate partners and

Commentary – Tax Reporter ¶286-750

Corporation tax election

Commentary – Key Data ¶2-260

Credits

Generally

Legislation/Regulatory – CTA2009 s. 720

HMRC Guidance – CTM81580

Negative goodwill

Legislation/Regulatory – CTA2009 s. 724

HMRC Guidance – CIRD13080

Receipts in respect of royalties

Legislation/Regulatory – CTA2009 s. 722

HMRC Guidance – CIRD25170

Receipts recognised as they accrue

Legislation/Regulatory – CTA2009 s. 721

HMRC Guidance – CIRD13020 ; CIRD25170

Revaluation

Legislation/Regulatory – CTA2009 s. 723

HMRC Guidance – CIRD12300 ; CIRD12790 ; CIRD13050 ; CIRD13090

Reversal of previous accounting loss

Legislation/Regulatory – CTA2009 s. 725

HMRC Guidance – CIRD12300 ; CIRD13090

Debits

Bad debts

Legislation/Regulatory – CTA2009 s. 869

Deductions

Legislation/Regulatory – CTA2009 s. 865

Employees' remuneration, delayed payments

Legislation/Regulatory – CTA2009 s. 866, 867

Expenditure on an asset

Legislation/Regulatory – CTA2009 s. 727

HMRC Guidance – CIRD12250 ; CIRD12260 ; CIRD25030

Expenditure written off as it is incurred

Legislation/Regulatory – CTA2009 s. 728

HMRC Guidance – CIRD12530 ; CIRD12550 ; CIRD20120 ; CIRD44070 ; CIRD44200 ; CIRD44400

Generally

Legislation/Regulatory – CTA2009 s. 726

Pension contributions, delayed payments

Legislation/Regulatory – CTA2009 s. 868

HMRC Guidance – CIRD12640

Reversal of previous accounting gain

Legislation/Regulatory – CTA2009 s. 732

HMRC Guidance – CIRD12560 ; CIRD25170 ; CIRD44070 ; CIRD44200 ; CIRD44400

Writing down at fixed rate

Legislation/Regulatory – CTA2009 s. 730, 731

HMRC Guidance – CFM33160 ; CFM52040 ; CFM96640 ; CIRD12300 ; CIRD12310 ; CIRD12905 ; CIRD12910 ; CIRD12920 ; CIRD44055 ; CIRD44065 ; CIRD44070 ; CIRD44093 ; CIRD44200 ; CIRD44400 ; CIRD48250 ; INTM281080

Writing down on accounting basis

Legislation/Regulatory – CTA2009 s. 729

HMRC Guidance – CIRD12530 ; CIRD12710 ; CIRD12755 ; CIRD12760 ; CIRD12770 ; CIRD44070 ; CIRD44200 ; CIRD44400 ; CIRD44500 ; CIRD46080 ; INTM550095 ; INTM553080 ; INTM554040 ; INTM554060 ; INTM555080 ; INTM556080 ; INTM559240

Deemed market value acquisition, nil accounting value adjustment

Legislation/Regulatory – CTA2009 s. 857

HMRC Guidance – CIRD12780

Double taxation relief

Cross-border transfers of business and mergers

Legislation/Regulatory – TIOPA2010 s. 116-121

Limits on/reduction of credit

Legislation/Regulatory – TIOPA2010 s. 51, 56

HMRC Guidance – INTM167470

Employees' remuneration, delayed payments

Legislation/Regulatory – CTA2009 s. 866, 867

European company (SE)

Commentary – Tax Reporter ¶772-120

Excluded assets

Capital allowances previously made

Legislation/Regulatory – CTA2009 s. 804

HMRC Guidance – CIRD25095 ; CIRD25105 ; CIRD25145

Computer software

Legislation/Regulatory – CTA2009 s. 813, 815, 816

Film master versions

Legislation/Regulatory – CTA2009 s. 812

Film production expenditure

Legislation/Regulatory – CTA2009 s. 808

HMRC Guidance – CIRD25130

Financial assets

Legislation/Regulatory – CTA2009 s. 806

HMRC Guidance – CIRD25025 ; CIRD25050 ; INTM620120 ; INTM620750 ; LAM07040 ; LAM07120 ; LAM13070

Generally

Legislation/Regulatory – CTA2009 s. 800

Mutual trade or business

Legislation/Regulatory – CTA2009 s. 810

HMRC Guidance – CIRD11070 ; CIRD25105 ; CIRD25110 ; CIRD25120

Non-commercial purposes etc.

Legislation/Regulatory – CTA2009 s. 803

HMRC Guidance – CIRD11070 ; CIRD25070 ; CIRD25090 ; CIRD48120

Oil licences

Legislation/Regulatory – CTA2009 s. 809 ; FA2011 s. 62(5), (6)

HMRC Guidance – CIRD25025 ; CIRD25040 ; CIRD48300

Partial exclusion

Legislation/Regulatory – CTA2009 s. 80

Research and development

Legislation/Regulatory – CTA2009 s. 814

HMRC Guidance – CIRD25150 ; CIRD25160

Right to dispose of or acquire

Legislation/Regulatory – CTA2009 s. 801

Rights in companies/trusts or partnerships

Legislation/Regulatory – CTA2009 s. 807

HMRC Guidance – CIRD25025 ; CIRD25060

Rights over tangible assets

Legislation/Regulatory – CTA2009 s. 805

HMRC Guidance – CIRD25025 ; CIRD25030

Sound recordings

Legislation/Regulatory – CTA2009 s. 812

Finance leasing

Legislation/Regulatory – CTA2009 s. 854, 855 ; SI 2002/1967

Foreign branch exemption regime

Commentary – Tax Reporter ¶764-825

Fungible assets

Legislation/Regulatory – CTA2009 s. 858

HMRC Guidance – CIRD11760 ; CIRD13230 ; CTM34130

Generally

Commentary – Tax Reporter ¶508-250 ; Tax Reporter ¶701-350 ; Tax Reporter ¶722-000

Giving effect to credits and debits brought into account

Generally

Legislation/Regulatory – CTA2009 s. 745

HMRC Guidance – CIRD13510

Mines, quarries and other concerns, assets held for

Legislation/Regulatory – CTA2009 s. 749, 750

Non-trading credits and non-trading debits, meaning

Legislation/Regulatory – CTA2009 s. 746

HMRC Guidance – CTM07530

Non-trading gains and losses

Legislation/Regulatory – CTA2009 s. 751-753

HMRC Guidance – CFM64390 ; CIRD13530 ; CIRD13540 ; CTM04820 ; CTM04860 ; CTM05020 ; CTM06620 ; CTM06630 ; CTM06765 ; CTM06805 ; CTM06820 ; CTM07515 ; CTM07910 ; CTM08800 ; CTM80141 ; CTM80400 ; CTM82020 ; CTM82030 ; CTM82040 ; INTM167480

Property business, assets held for

Legislation/Regulatory – CTA2009 s. 748, 750

Trade, assets held for

Legislation/Regulatory – CTA2009 s. 747, 750

HMRC Guidance – CIRD13520

Goodwill

Commentary – Tax Reporter ¶508-250 ; Tax Reporter ¶508-300 ; Tax Reporter ¶722-500

Legislation/Regulatory – CTA2009 s. 715, 724 ; FA2009 s. 70(7), (8) ; FA2015 s. 26

HMRC Guidance – CG68010 ; CG68030 ; CG68060 ; CIRD11070 ; CIRD11680

Case Law – Butler v. Evans (H.M. Inspector of Taxes)

Grants and other contributions to expenditure

Legislation/Regulatory – CTA2009 s. 852, 853

HMRC Guidance – CIRD12725 ; CIRD13030

Groups of companies

75% subsidiary, meaning

Legislation/Regulatory – CTA2009 s. 773

HMRC Guidance – CIRD40030

Ceasing to be member of group

Legislation/Regulatory – CTA2009 s. 780-791

HMRC Guidance – CIRD20460 ; CIRD40505 ; CIRD40510 ; CIRD40520 ; CIRD40590 ; CIRD40600 ; CIRD40610 ; CIRD40710 ; CIRD40730

Company and its 75% subsidiaries forming group

Legislation/Regulatory – CTA2009 s. 765

Company not to be member of more than one group

Legislation/Regulatory – CTA2009 s. 768

HMRC Guidance – CIRD40040

Company, meaning

Legislation/Regulatory – CTA2009 s. 764

HMRC Guidance – CIRD40030

Continuity of identity of group

Legislation/Regulatory – CTA2009 s. 769

HMRC Guidance – CIRD40050

Continuity where group includes an SE

Legislation/Regulatory – CTA2009 s. 770

Degrouping

Legislation/Regulatory – CTA2009 s. 780-791

Degrouping charge

Commentary – Tax Reporter ¶724-650 ; Tax Reporter ¶724-700

HMRC Guidance – CIRD40600

Degrouping charge, reallocation and recovery

Legislation/Regulatory – CTA2009 s. 792-799

HMRC Guidance – CIRD40705 ; CIRD40750

Effective 51% subsidiaries of principal company members of group

Legislation/Regulatory – CTA2009 s. 766

Effective 51% subsidiary, meaning

Legislation/Regulatory – CTA2009 s. 771

Equity holders and profits of assets available for distribution

Legislation/Regulatory – CTA2009 s. 772

HMRC Guidance – CIRD40030

Generally

Commentary – Tax Reporter ¶724-500

Group relief

Commentary – Tax Reporter ¶738-125

Legislation/Regulatory – CTA2010 s. 104, 105

Group, meaning

Legislation/Regulatory – CTA2009 s. 764

Liquidation

Commentary – Tax Reporter ¶724-550

Meanings

Commentary – Tax Reporter ¶724-500

Mergers

Commentary – Tax Reporter ¶724-700

Legislation/Regulatory – CTA2009 s. 789, 790

HMRC Guidance – CIRD40580

Principal company not to be 75% subsidiary of another company

Legislation/Regulatory – CTA2009 s. 767

HMRC Guidance – CIRD40045 ; CIRD40550 ; CIRD40560

Roll-over relief

Commentary – Tax Reporter ¶724-200 ; Tax Reporter ¶724-750

Legislation/Regulatory – CTA2009 s. 777-779, 791, 794, 799

HMRC Guidance – CIRD20410 ; CIRD20420 ; CIRD20430

Subsidiary, meaning

Legislation/Regulatory – CTA2009 s. 764

Transfers within a group

Commentary – Tax Reporter ¶724-600

Transfers within treated as tax-neutral

Legislation/Regulatory – CTA2009 s. 775, 776, 830

HMRC Guidance – CIRD274500 ; CIRD40220 ; CIRD40250 ; CIRD40300 ; CIRD40350 ; CIRD40600 ; CIRD42025 ; CIRD48050 ; CTM06790 ; CTM08880 ; INTM283010

Insurance companies

Legislation/Regulatory – CTA2009 s. 901 ; FA2012 s. 88, Sch. 16, para. 179

Intangible asset

Meaning

Legislation/Regulatory – CTA2009 s. 712

HMRC Guidance – CIRD11100 ; CIRD11150 ; CIRD11688 ; CIRD44060

Permanent establishment, disallowed deductions

Legislation/Regulatory – CTA2009 s. 31

Internally-generated goodwill

Legislation/Regulatory – CTA2009 s. 712(1), 715(3) 883(2)(a), (b), 884, 885(7) ; FA2009 s. 70(7), (8)

HMRC Guidance – CIRD11070 ; CIRD11120

Internally-generated intangible asset

Legislation/Regulatory – CTA2009 s. 712(1)

Loss reliefs

Commentary – Ford on Tax Losses 9.1

Meaning

Legislation/Regulatory – CTA2009 s. 713

HMRC Guidance – CIRD11170 ; CIRD11175 ; CIRD44060

Non-monetary receipt

Legislation/Regulatory – FA2018 s. 20

HMRC Guidance – CIRD48340

Non-trading losses

Commentary – Ford on Tax Losses 9.3

Overview

Commentary – Ford on Tax Losses 9.1

Legislation/Regulatory – CTA2009 s. 711

HMRC Guidance – BIM35501

Pension contributions, delayed payments

Legislation/Regulatory – CTA2009 s. 868

Post-1 April 2002

Accounting treatment

Commentary – Tax Reporter ¶722-500

Anti-avoidance provisions

Commentary – Tax Reporter ¶726-000

Becoming a chargeable intangible asset

Commentary – Tax Reporter ¶726-050

Ceasing to be a chargeable intangible asset

Commentary – Tax Reporter ¶726-075

Change of accounting policy, adjustments on

Commentary – Tax Reporter ¶723-400 ; Tax Reporter ¶723-500

HMRC Guidance – CIRD13520 ; CIRD13530

Close company participator test

Commentary – Tax Reporter ¶725-150

Commencement rules

Commentary – Tax Reporter ¶722-550

Computer software

Commentary – Tax Reporter ¶722-500

Controlled foreign companies

Commentary – Tax Reporter ¶726-100

Credits

Commentary – Tax Reporter ¶723-200

HMRC Guidance – CIRD13080

Debits

Commentary – Tax Reporter ¶723-100

Deemed pre-2002 assets

Commentary – Tax Reporter ¶722-570

Disaggregation, change of accounting policy

Commentary – Tax Reporter ¶723-450

Disincorporation relief

Commentary – Tax Reporter ¶725-350

HMRC Guidance – CIRD43200 ; CIRD43400

Exceptions to general commencement rules

Commentary – Tax Reporter ¶722-570

Excluded assets

Commentary – Tax Reporter ¶722-525

HMRC Guidance – CIRD25030 ; CIRD25140

Finance leases

Commentary – Tax Reporter ¶726-125

Generally

Commentary – Tax Reporter ¶722-500

Goodwill

Commentary – Tax Reporter ¶722-500

Grants

Commentary – Tax Reporter ¶726-025

Groups of companies

Commentary – Tax Reporter ¶724-200 ; Tax Reporter ¶724-500–Tax Reporter ¶724-750

How debits and credits are given

Commentary – Tax Reporter ¶723-500

HMRC Guidance – CIRD13520 ; CIRD13530

Meaning

Commentary – Tax Reporter ¶722-500

Migrations

Commentary – Tax Reporter ¶725-500

Realisation of

Commentary – Tax Reporter ¶723-300

Recognition of items in accounts

Commentary – Tax Reporter ¶723-000

Reconstructions

Commentary – Tax Reporter ¶725-500

Related parties

Commentary – Tax Reporter ¶725-000–Tax Reporter ¶725-300

Roll-over relief

Commentary – Tax Reporter ¶724-000–Tax Reporter ¶724-200

Royalties

Commentary – Tax Reporter ¶722-500

Scope of regime

Commentary – Tax Reporter ¶722-500

Transfer of business or trade

Commentary – Tax Reporter ¶725-500

When assets treated as created or acquired

Commentary – Tax Reporter ¶722-585

Pre-Finance Act 2002 assets

Capital allowances rule

Legislation/Regulatory – CTA2009 s. 889

HMRC Guidance – CIRD11685 ; CIRD11690

Chargeable gains rule

Legislation/Regulatory – CTA2009 s. 888

HMRC Guidance – CIRD11690

Expenditure treated as incurred

Legislation/Regulatory – CTA2009 s. 887-889

HMRC Guidance – CIRD11690

Film production expenditure, time of creation

Legislation/Regulatory – CTA2009 s. 886

Fungible assets

Legislation/Regulatory – CTA2009 s. 890, 891

HMRC Guidance – CIRD11760 ; CIRD11770 ; CIRD11780

General timing rule

Legislation/Regulatory – CTA2009 s. 882

HMRC Guidance – CIRD11505 ; CIRD11520 ; CIRD11600 ; CIRD11610 ; CIRD11625 ; CIRD11630 ; CIRD11640 ; CIRD11650 ; CIRD11655 ; CIRD11660 ; CIRD11665 ; CIRD11688 ; CIRD44076 ; CIRD46010 ; CIRD46020 ; CIRD46040 ; CIRD46050 ; CIRD46100

Generally

Legislation/Regulatory – CTA2009 s. 880

Internally-generated assets not qualifying for capital allowances

Legislation/Regulatory – CTA2009 s. 885

HMRC Guidance – CIRD11600 ; CIRD11665 ; CIRD11670 ; CIRD11685 ; CIRD11688

Internally-generated goodwill, time of creation

Legislation/Regulatory – CTA2009 s. 884

HMRC Guidance – CIRD11665 ; CIRD11675 ; CIRD11680 ; CIRD45265 ; CIRD48290

Meaning

Legislation/Regulatory – CTA2009 s. 881

HMRC Guidance – CFM77110 ; CIRD48280

Non-qualifying assets, time of creation

Legislation/Regulatory – CTA2009 s. 885

Preserved status condition

Legislation/Regulatory – CTA2009 s. 894

HMRC Guidance – CIRD46060 ; CIRD48280

Related parties

Legislation/Regulatory – CTA2009 s. 895

HMRC Guidance – CIRD44078 ; CIRD46070 ; CIRD48280

Roll-over relief

Legislation/Regulatory – CTA2009 s. 898-900 ; TCGA92 s. 156ZA

HMRC Guidance – CIRD20050 ; CIRD20240 ; CIRD46050

Royalties

Legislation/Regulatory – CTA2009 s. 896

HMRC Guidance – CIRD11705 ; CIRD11720 ; CIRD11725

Telecommunication rights

Legislation/Regulatory – CTA2009 s. 897

HMRC Guidance – CIRD11730 ; CIRD11740 ; CIRD20040

Time of creation

Legislation/Regulatory – CTA2009 s. 884

Transfer of business, assets acquired on

Legislation/Regulatory – CTA2009 s. 892

HMRC Guidance – CIRD11655 ; CIRD11660

Value derived from excluded assets

Legislation/Regulatory – CTA2009 s. 983, 894

When asset created or acquired

Legislation/Regulatory – CTA2009 s. 883

HMRC Guidance – CIRD11600 ; CIRD11665 ; CIRD11670 ; CIRD11675 ; CIRD11688 ; CIRD11690

Priority rules

Legislation/Regulatory – CTA2009 s. 906

Realisation

Abortive expenditure on

Legislation/Regulatory – CTA2009 s. 740

HMRC Guidance – CIRD12550

Apportionment in case of part realisation

Legislation/Regulatory – CTA2009 s. 737

HMRC Guidance – CIRD13260

Asset not shown in balance sheet

Legislation/Regulatory – CTA2009 s. 738

Asset shown in balance sheet and not written down

Legislation/Regulatory – CTA2009 s. 736

HMRC Guidance – CIRD220220 ; CIRD45035 ; CIRD46080

Asset written down

Legislation/Regulatory – CTA2009 s. 735

HMRC Guidance – CIRD13250 ; CIRD220120 ; CIRD220220 ; CIRD45035

Chargeable intangible asset, meaning

Legislation/Regulatory – CTA2009 s. 741

HMRC Guidance – CIRD20035 ; CIRD44075

Chargeable realisation gain, meaning

Legislation/Regulatory – CTA2009 s. 741

Generally

Legislation/Regulatory – CTA2009 s. 733

Meaning

Legislation/Regulatory – CTA2009 s. 734

HMRC Guidance – CIRD13230

Proceeds of realisation, meaning

Legislation/Regulatory – CTA2009 s. 739

HMRC Guidance – CIRD13240 ; CIRD48320 ; CIRD48340

Related parties

Close company, participator and associate

Legislation/Regulatory – CTA2009 s. 841

Connected persons

Legislation/Regulatory – CTA2009 s. 842, 843

HMRC Guidance – BIM41130 ; CIRD44083 ; CIRD45180 ; CIRD45190

Control, meaning

Legislation/Regulatory – CTA2009 s. 836

HMRC Guidance – CIRD45150 ; CIRD45250

Generally

Legislation/Regulatory – CTA2009 s. 834

Jointly held rights and powers

Legislation/Regulatory – CTA2009 s. 839

HMRC Guidance – CIRD45200

Major interest, meaning

Legislation/Regulatory – CTA2009 s. 837

HMRC Guidance – CIRD45160

Meaning

Legislation/Regulatory – CTA2009 s. 835

HMRC Guidance – CIRD45130 ; CIRD45190 ; CIRD45250 ; CIRD45260 ; CIRD46100 ; CIRD48200 ; CIRD48270

Partnerships, rights and powers

Legislation/Regulatory – CTA2009 s. 840

Rights and powers to be taken into account

Legislation/Regulatory – CTA2009 s. 838-840

HMRC Guidance – CIRD45180 ; CIRD45190 ; CIRD45195

Transactions between

Legislation/Regulatory – CTA2009 s. 844-851, Sch. 2, para. 100

HMRC Guidance – CIRD12660 ; CIRD45130

Roll-over relief on realisation and reinvestment

Change of accounting policy, cost of asset where asset affected by

Legislation/Regulatory – CTA2009 s. 760

Chargeable gains

Legislation/Regulatory – TCGA92 s. 156ZA, 156ZB

Claims for relief

Legislation/Regulatory – CTA2009 s. 757

HMRC Guidance – CIRD20150

Declaration of provisional entitlement to relief

Legislation/Regulatory – CTA2009 s. 761

HMRC Guidance – CIRD20015

Determination of appropriate proportion of cost and adjusted cost

Legislation/Regulatory – CTA2009 s. 759

HMRC Guidance – CIRD20230

Disregard of deemed realisations and reacquisitions

Legislation/Regulatory – CTA2009 s. 763

HMRC Guidance – CIRD20070 ; CIRD20140

Expenditure on other assets

Legislation/Regulatory – CTA2009 s. 756

HMRC Guidance – CIRD20110 ; CIRD20120 ; CIRD20130

Groups of companies

Legislation/Regulatory – CTA2009 s. 777-779

How relief is given

Legislation/Regulatory – CTA2009 s. 758-763

HMRC Guidance – CIRD20205 ; CIRD20210 ; CIRD20220 ; CIRD20230

Old asset and its realisation

Legislation/Regulatory – CTA2009 s. 755

HMRC Guidance – CIRD20035 ; CIRD20060

Old asset and other assets, meaning

Legislation/Regulatory – CTA2009 s. 754

HMRC Guidance – CIRD20020

Part realisations involving related parties, exclusion

Legislation/Regulatory – CTA2009 s. 850

HMRC Guidance – CIRD20080

Pre-FA2002 assets

Legislation/Regulatory – CTA2009 s. 898-900 ; TCGA92 s. 156ZA

Realisation and reacquisition

Legislation/Regulatory – CTA2009 s. 762

HMRC Guidance – CIRD20140

Royalty, meaning

Legislation/Regulatory – CTA2009 s. 714

HMRC Guidance – CIRD11710

Tax avoidance arrangements

Legislation/Regulatory – CTA2009 s. 864

HMRC Guidance – CIRD44350 ; CIRD48105 ; CIRD48110 ; CIRD48140 ; CIRD48200 ; CIRD48250

Tax written-down value

Accounting basis

Legislation/Regulatory – CTA2009 s. 729, 742, 876, 877

HMRC Guidance – CIRD12770 ; CIRD12905

Fixed-rate basis

Legislation/Regulatory – CTA2009 s. 730, 743

HMRC Guidance – CIRD44093 ; CIRD44096

Part realisation

Legislation/Regulatory – CTA2009 s. 737, 744

HMRC Guidance – CIRD12795

Realisation

Legislation/Regulatory – CTA2009 s. 735

Trading losses

Commentary – Ford on Tax Losses 9.2

Trading receipts

Commentary – Tax Reporter ¶707-030

Transactions between related parties

Legislation/Regulatory – FA2018 s. 21

HMRC Guidance – CIRD45020 ; CIRD48350

Transfer of trade or business

Building societies transfer of business

Legislation/Regulatory – CTA2009 s. 824, 825, 826

Clearance procedures

Legislation/Regulatory – CTA2009 s. 831-833

Co-operative associations

Legislation/Regulatory – CTA2009 s. 826

European cross-border mergers

Legislation/Regulatory – CTA2009 s. 821-823

European cross-border transfers

Legislation/Regulatory – CTA2009 s. 819, 820, 823

Generally

Legislation/Regulatory – CTA2009 s. 817

Genuine commercial transaction requirement

Legislation/Regulatory – CTA2009 s. 831-833

Industrial and provident societies

Legislation/Regulatory – CTA2009 s. 826

Non-UK resident companies, transfers to

Legislation/Regulatory – CTA2009 s. 827-830

HMRC Guidance – CIRD42040 ; CIRD42045 ; CIRD42050 ; CIRD47070

Pre-FA2002 assets

Legislation/Regulatory – CTA2009 s. 892

Reconstructions involving

Legislation/Regulatory – CTA2009 s. 818

HMRC Guidance – CIRD11660 ; CIRD40250 ; CIRD42020 ; CIRD42025

Tax-neutral transfers

Legislation/Regulatory – CTA2009 s. 818-826

Transfer pricing

Commentary – Tax Reporter ¶774-680

HMRC Guidance – INTM440110 ; INTM440120 ; INTM440130 ; INTM440140

Transfers between related parties

Delayed royalty payments

Legislation/Regulatory – CTA2009 s. 851

Generally

Legislation/Regulatory – CTA2009 s. 844

Gifts of business assets

Legislation/Regulatory – CTA2009 s. 849

Market value rule

Legislation/Regulatory – CTA2009 s. 845

HMRC Guidance – BIM50745 ; CIRD40350 ; CIRD44076 ; CIRD45030 ; CIRD46100 ; CIRD47060 ; CIRD48320 ; CIRD48330 ; CIRD48340 ; CIRD48350 ; INTM283010

Not at arm's length

Legislation/Regulatory – CTA2009 s. 846

HMRC Guidance – CIRD45030 ; CIRD45040 ; CIRD48320 ; CIRD48330 ; CIRD48340

Other taxes

Legislation/Regulatory – CTA2009 s. 847

HMRC Guidance – CIRD45033 ; CIRD48350

Part realisation, exclusion of roll-over relief

Legislation/Regulatory – CTA2009 s. 850

Tax-neutral transfers

Legislation/Regulatory – CTA2009 s. 848