Losses
Abandoned field
Generally
Unrelievable losses
Accounting for, currency to be used
Agreement to forgo tax reliefs
Allowable
Computation
Determination
Election for set-off
Expenditure, calculating debit or credit in respect of
Gas, disposal of
Generally
Gross
Licence debit/credit
Negative amounts
Notice of assessment, included in
Bad debts
Bank failures, due to
Basis of calculation
Business losses
Business transferred to a company
Carry-back in opening years of trade
Carry-back of terminal losses
Carry-forward
Chargeable gains, offset against
Meaning
Offset against general income
Business use of home
Cap on income tax relief
Capital gains tax
Allowable losses
Anti-avoidance
ATED related losses
Authorised investment fund assets
Capital allowances and renewals allowances
Capital losses
Carry-back
Carry-forward
Chargeable gains of companies
Computation
Connected persons
Death
Debts
Deduction in most beneficial way
Deferred unascertainable consideration, election for treatment of loss
Establishing
Finance Act 2007
Generally
Loans to traders, relief for
NRCGT losses
Personal representatives
Relevance
Relief
Set-off against income
Transactions between connected persons
Trustees, set-off
Carry back
Averaging of farming profits
Bad or doubtful debts
Reduction of taxable income/repayment of amount claimed
Carry forward
Company reconstruction without change of ownership
Double taxation relief
Incompatibility of national legislation with EU law
Later investment income
Prior accounting periods, insurance company
Same trade when relief claimed
Series of transactions and hive downs
Carry-back
Claims under self-assessment
Major change in nature or conduct of trade or business, meaning
North Sea oil and gas installation demolitions
Nuclear Decommissioning Authority
Repayment supplement
Set-off
Carry-forward
Group relief claims
Major change in nature or conduct of trade or business, meaning
Nuclear Decommissioning Authority
Payment for group relief
Ring fence losses
Surrendering losses
Case law
Change in company ownership
Major change in nature or conduct of trade or business, meaning
Chargeable gains
Annual exemption
Indexation allowance
Chargeable gains/allowable losses
Negligible value assets
Claims to utilise losses for carry back relief
Commencement/cessation of trade
Companies
Capital losses
Change in company ownership/major change in nature or conduct of trade
Change of trader without change in ownership
Generally
Miscellaneous transactions
Property business, UK and overseas
Property, UK and overseas losses
Trading losses
Controlled foreign companies
Corporation tax
Calculation
Not connected with trade, disallowed deductions
Patent, profits from exploitation of
Corporation tax assessment, agreement not binding in subsequent years
Deferred unascertainable consideration
Conditions for making an election
Effect of an election under TCGA 1992, s. 279A
Procedures for making an election under TCGA 1992, s. 279A
Right to unascertainable consideration
Disallow losses claimed against general income
Discovery assessment
Activity investment not trade
Reasonable basis for belief tax under assessed
Valid under Taxes Managment Act 1970, s. 29(1)
Effect of partnership settlement agreement
Employment
Enterprise investment scheme share disposals
Entertainers and sportsmen
Existed and available to set off against profits of later periods
Farming and market gardening
Farming losses
Correct application of income tax
Generally
Foreign exchange gains and losses
Foreign exchange losses
Furnished holiday lettings
Future losses, provision in accounts
Government investment written off
Group relief
Groups of companies
Generally
Group relief
Land with development value
Loans to traders
Mineral leases
Non-resident companies
Oil field interests
Pre-entry losses, restriction on set-off
Schedule D, Case VII
Value shifting
Groups pre-entry losses, contract for sale of losses
Inclusion of trading losses in partners' self-assessment tax returns
Incurred in first two accounting periods
Insurance companies
Leasing partnerships
Limited partners
Limited partnerships
Lloyd's underwriters
Loan relationships
Loans to traders
Generally
Qualifying corporate bonds, early redemption
London Regional Transport
Loss buying
Loss-buying scheme, late claim for group relief
Main residence election
Mines, quarries and other concerns
Miscellaneous transactions
New participator, of
Non-business losses
Normal incident of business
Nuclear Decommissioning Authority
Offshore funds
Oil extraction activities
Generally
Overseas property business
Partnerships
Generally
Petroleum revenue tax
Planning for
Business use
Development or hope value
Generally
Intention to realise a gain
Non-permitted absences
Non-permitted land as garden or grounds
Withdrawal of elections
Pre-direction accounting periods
Pre-entry losses
Property
Property income
Qualifying corporate bonds
Generally
Withdrawal of relief
Relief
Preceding chargeable periods, set off against assessable profit for
Subsequent chargeable periods, set off against assessable profit for
Terminal
Schedule D, Case VI
Set-off
Appropriation of loss-bearing assets to stock-in trade
Bad or doubtful debt
Double taxation relief
Later investment income
Letting income
One trade against profits of another trade
Profits of same/earlier accounting period
Surplus of franked investment income
Settlements
Beneficiary becoming absolutely entitled
Creation of
Shares
Shipping
Terminal
Generally
Trade loss relief
Traders non-business losses
Trading in footballer development
Trading losses
Trading on commercial basis, activities amounting to
Transactions in certificates of deposit
Transfer, transaction for valid commercial reasons
Trustees
Absolute entitlement to settled property
Set-off against capital gains
Unconnected
Underwriters
Unquoted shares and securities
Unrelievable, allowance of
Unused, transfer of
Where assets become of negligible value
