Accounting

Accounting periods and businesses

Capital allowances on entry, cessation and movements across the ring fence

Generally accepted accounting and owner-occupation

International accounting standards and valuation

Stapling

Accounting period

Balance of business

Breach of conditions

Company, conditions for

Distribution of profits

Financial statements

Groups

Property rental business

Anti-avoidance provisions

Artificially manipulated commercial arrangements

Assessments

Basic terms

Becoming, requirements for

Accounting period

Breach of conditions

Duration of status

Notice for a company

Notice for group of companies

Breach of conditions

Calculation of profits

Cancellation of tax advantage

Charge to tax

Charities

Conditions for balance of business

Artificially manipulated commercial arrangements

Conditions for tax-exempt business

Artificially manipulated commercial arrangements

Breach of conditions

Conditions for the company

Breach of conditions

Generally

Termination by notice

Conditions to be met in first accounting period and thereafter

Balance of business

Companies

Financing cost ratio

Property rental business

Deduction of tax at source

Demergers

Disposal of assets

Generally

Groups, company leaving

Disposal of assets and movements across the ring fence

Distributions

Attribution

Conditions as to

Deduction at source

Deduction of tax

Exceptions

Excluded shareholders

From one UK REIT to another

Generally

Holders of excessive rights

Liability to tax

Post-accounting period

Recipients, liability to tax

Stock dividends

UK REIT investment profits

Distributions, stock dividends alternative to/combination with cash dividends

Chargeable gains

Meaning of distribution

Property rental business, exclusion of business producing listed income

Valuation of stock dividend as its cash equivalent

Dividends

Duration of status

Entering the regime

Capital allowances

Effects of entry

Entry charge

Notional amount of income

Entities to which legislation applicable

Entry charge

Entry procedure

Company requirements

Giving notice

Property-rental business

Financial statements

Financing costs and income

Funds awaiting reinvestment

Funds waiting reinvestment

Gains on disposal of assets

Change of use of assets

Charge to tax

Deemed disposal and reacquisition, effect of

Demergers

Disposal of assets

Interpretation

Ring fence, movement of assets into

Generally

Groups

Accounting periods

Balance of business

Basic terms

Conditions to be met in first accounting period and thereafter

Corporation tax

Disposal and movement of assets across the ring fence

Distributions

Entry charge

Entry procedure

Financial statements

Financing-cost ratio

Meaning

Post-accounting periods

Property rental business

Reliefs availability

Ring-fencing of property rental business

Shares, conditions relating to

Tax rules

Tax-free uplift for capital gains

Termination

Insurance companies

Interpretation

Joint venture companies

Accounting periods

Balance of business

Conditions to be met in first accounting period and thereafter

Corporation tax

Disposal and movement of assets across the ring fence

Distributions

Entry charge

Entry procedure

Financing-cost ratio

Property rental business

Tax rules

Tax-free uplift for capital gains

Joint ventures

Additional entry charge

Balance of business, conditions as to

Beneficial interest, percentage of

Equity holder, meaning

Financial statements

Gains, modifications

Groups of companies

Joint venture company notice, conditions to be met

Joint venture group notice, conditions to be met

Meanings

Overview

Profits, modifications

Leaving the regime

Automatic termination

Capital allowances

Early exit

Effects of cessation

Overview

Termination by notice

Legislation

Liability to tax

Loan relationships

Manufactured dividends

Non-UK company, meaning

Parent-Subsidiary Directive

Penalties for early exit

Post-accounting periods

Profits

Calculation

Charge to tax

Financing-cost ratio

Property financing costs, meaning

Property profits, meaning

Property income

Property rental business

Accounting period, conditions to be satisfied

Exclusion of business producing listed income

Exclusion of listed business

Generally

Meaning

Ring-fencing

Regulations, power to make

Related persons, regulations

Residual business, meaning

Returns

Ring-fencing of property rental business

Stock dividends

Tax advantage

Tax rules

Tax-free uplift for capital gains

Termination

Applicable provisions

Automatic

Early exit

Leaving, notice given to HMRC

Voluntary

Termination by notice

Balance of business, breach of conditions

Cancellation of tax advantage

Early exit

Generally

Group or company

Multiple breaches of conditions

Officer of Revenue and Customs

Property rental business, breach of conditions

Serious breach of conditions

Time of cessation

UK company, meaning

UK property rental business of non-UK companies