– see also Trade profits; Rental income or trading income

Calculation of tax credits

Legislation/Regulatory – SI 2002/2006 reg. 6

Caravan sites

Generally

Legislation/Regulatory – ESC C36 ; ITTOIA2005 s. 20

Receipts and expenses of

Legislation/Regulatory – CTA2009 s. 43

Ceasing to trade

Legislation/Regulatory – CTA2009 s. 41 ; ITTOIA2005 s. 17, 18

Charge to tax

Amount of income charged

Legislation/Regulatory – ITTOIA2005 s. 7

Generally

Commentary – Tax Reporter ¶200-100

Imposition

Legislation/Regulatory – ITTOIA2005 s. 3
HMRC Guidance – CTM15150

Non-residents

Legislation/Regulatory – ITTOIA2005 s. 3(4), 6(2)

Person liable

Legislation/Regulatory – ITTOIA2005 s. 8

Territorial scope

Legislation/Regulatory – ITTOIA2005 s. 6

Trade profits

Legislation/Regulatory – ITTOIA2005 s. 4

Charities

Charitable trade, meaning

Commentary – Tax Reporter ¶815-380
Case Law – CONVENT OF THE BLESSED SACRAMENT, BRIGHTON v. THE COMMISSIONERS OF INLAND REVENUE ; THE COMMISSIONERS OF INLAND REVENUE v. THE GLASGOW MUSICAL FESTIVAL ASSOCIATION.

Fund raising events

Commentary – Tax Reporter ¶815-400

Primary purpose test

Commentary – Tax Reporter ¶815-380
Case Law – CONVENT OF THE BLESSED SACRAMENT, BRIGHTON v. THE COMMISSIONERS OF INLAND REVENUE ; THE COMMISSIONERS OF INLAND REVENUE v. THE GLASGOW MUSICAL FESTIVAL ASSOCIATION.

Small trades

Commentary – Tax Reporter ¶815-390

Trades not qualifying for

Commentary – Tax Reporter ¶815-380
Case Law – CONVENT OF THE BLESSED SACRAMENT, BRIGHTON v. THE COMMISSIONERS OF INLAND REVENUE ; THE COMMISSIONERS OF INLAND REVENUE v. THE GLASGOW MUSICAL FESTIVAL ASSOCIATION.

Trading and miscellaneous income resources condition

Commentary – Tax Reporter ¶815-390

Work done test

Commentary – Tax Reporter ¶815-380
Case Law – CONVENT OF THE BLESSED SACRAMENT, BRIGHTON v. THE COMMISSIONERS OF INLAND REVENUE ; THE COMMISSIONERS OF INLAND REVENUE v. THE GLASGOW MUSICAL FESTIVAL ASSOCIATION.

Class 4 contributions

Commentary – Tax Reporter ¶1017-800
HMRC Guidance – NIM24523

Commercial occupation of land

Generally

Legislation/Regulatory – ITTOIA2005 s. 10

Woodlands

Legislation/Regulatory – ITTOIA2005 s. 11
HMRC Guidance – BIM67701

Corporation tax

Commentary – Tax Reporter ¶701-275

Corporation tax overview

Legislation/Regulatory – CTA2009 s. 34
HMRC Guidance – BIM14005

Credit against tax

Commentary – Tax Reporter ¶173-560
Case Law – Legal & General Assurance Society Ltd v Thomas (HMIT)

Credit unions

Legislation/Regulatory – CTA2009 s. 40

Divers and diving supervisors

Legislation/Regulatory – ITTOIA2005 s. 15

Drug dealing, Schedule D, Case I assessment

Case Law – Rose v. Director of Assets Recovery Agency (2006) Sp C 543

Employment income, receipts falling within both

Commentary – Tax Reporter ¶400-030

Farming and market gardening

Legislation/Regulatory – CTA2009 s. 36 ; ITTOIA2005 s. 9

Foreign income

– see Foreign income

Foster-care

Legislation/Regulatory – ITTOIA2005 s. 23

Group mismatch schemes

Legislation/Regulatory – CTA2010 s. 938K

Investment income, interest on

Case Law – Nuclear Electric plc v Bradley (HM Inspector of Taxes). [1996] BTC 165 ; Nuclear Electric plc v. Bradley (HM Inspector of Taxes). [1995] BTC 186 ; Nuclear Electric plc v. Bradley (HM Inspector of Taxes). [1995] BTC 445

Land, commercial occupation

Legislation/Regulatory – CTA2009 s. 38

Lettings

Caravan sites

Legislation/Regulatory – CTA2009 s. 43

Surplus business accommodation

Legislation/Regulatory – CTA2009 s. 44 ; IRDec. 9 ; ITTOIA2005 s. 21

Tied premises

Legislation/Regulatory – CTA2009 s. 42 ; ITTOIA2005 s. 19

Loans and quasi-loans

Commentary – Tax Reporter ¶228-750

Loss relief, cap on

Commentary – Key Data ¶2-610

Mines, quarries and other concerns

Legislation/Regulatory – CTA2009 s. 39 ; ITTOIA2005 s. 12

Non-monetary receipts

Commentary – Tax Reporter ¶205-175
Case Law – GOLD COAST SELECTION TRUST, LTD. v. HUMPHREY (H.M. INSPECTOR OF TAXES) HUMPHREY (H.M. INSPECTOR OF TAXES) v. GOLD COAST SELECTION TRUST, LTD.

Oil extraction and related activities

Legislation/Regulatory – ITTOIA2005 s. 16

Personal trading allowance

Commentary – Key Data ¶3-065

Post-cessation receipts

– see Post-cessation receipts

Post-cessation, cap on relief

Commentary – Key Data ¶2-610

Priority rules

Legislation/Regulatory – ITTOIA2005 s. 2, 4

Profits

– see Trade profits

Profits chargeable

– see Trading profits

Provided through third parties

Legislation/Regulatory – FA2018 Sch. 2 ; ITTOIA2005 s. 23A-23H
HMRC Guidance – VCM54140

Receipts

– see Trading receipts

Received in non-monetary form

Commentary – Tax Reporter ¶709-200
Case Law – GOLD COAST SELECTION TRUST, LTD. v. HUMPHREY (H.M. INSPECTOR OF TAXES) HUMPHREY (H.M. INSPECTOR OF TAXES) v. GOLD COAST SELECTION TRUST, LTD.

Rent-a-room

– see Rent-a-room scheme

Starting to trade

Legislation/Regulatory – CTA2009 s. 41 ; ITTOIA2005 s. 17, 18

Statutory trades

Commentary – Tax Reporter ¶201-000 ; Tax Reporter ¶300-010

Surplus business accommodation

Legislation/Regulatory – CTA2009 s. 44 ; IRDec. 9 ; ITTOIA2005 s. 21

Taxed as trade profits, application of charge

Legislation/Regulatory – CTA2009 s. 35

Tied premises

Legislation/Regulatory – CTA2009 s. 42 ; ITTOIA2005 s. 19

Time limits for elections and claims

Commentary – Key Data ¶2-112

Unclaimed refundable deposits

Case Law – Gower Chemicals Ltd v. R & C Commrs (2008) Sp C 713

Visiting performers

Legislation/Regulatory – ITTOIA2005 s. 13, 14

Wayleaves

Legislation/Regulatory – CTA2009 s. 45 ; ITTOIA2005 s. 22

Woodlands, commercial occupation

Legislation/Regulatory – CTA2009 s. 37
HMRC Guidance – BIM67701 ; CTM41215