Accountancy principles

Commentary – Tax Reporter ¶205-485
HMRC Guidance – BIM42215

Appropriations of trading stock

Commentary – Tax Reporter ¶709-410

Change in method of valuation

Commentary – Tax Reporter ¶224-900

Consumables

Commentary – Tax Reporter ¶224-650
HMRC Guidance – BIM33135
Case Law – Duple Motor Bodies, Ltd. v. Ostime (H.M. Inspector of Taxes) Ostime (H.M. Inspector of Taxes) v. Duple Motor Bodies, Ltd. Duple Motor Bodies, Ltd. v. Commissioners of Inland Revenue Commissioners of Inland Revenue v. Duple Motor Bodies, Ltd.

Cost price, meaning

Commentary – Tax Reporter ¶224-600

Determination of questions by commissioners

Commentary – Tax Reporter ¶224-250 ; Tax Reporter ¶709-310

Discontinuance of business

Cost to buyer

Commentary – Tax Reporter ¶225-700

Generally

Commentary – Tax Reporter ¶225-500 ; Tax Reporter ¶709-350

Market value

Commentary – Tax Reporter ¶709-360

Sales between connected persons

Commentary – Tax Reporter ¶709-370
HMRC Guidance – BIM33495

Sales to connected/unconnected persons

Commentary – Tax Reporter ¶225-600 ; Tax Reporter ¶709-360
HMRC Guidance – BIM33495
Case Law – Commissioners of Inland Revenue v. Barr (No. 2)

Transfer pricing provisions apply

Commentary – Tax Reporter ¶709-360

Elements comprised in cost

Commentary – Tax Reporter ¶224-650
HMRC Guidance – BIM33135
Case Law – Duple Motor Bodies, Ltd. v. Ostime (H.M. Inspector of Taxes) Ostime (H.M. Inspector of Taxes) v. Duple Motor Bodies, Ltd. Duple Motor Bodies, Ltd. v. Commissioners of Inland Revenue Commissioners of Inland Revenue v. Duple Motor Bodies, Ltd.

Events between balance sheet date and completion of accounts

Commentary – Tax Reporter ¶224-850
HMRC Guidance – BIM31040

Formulae to compute

Commentary – Tax Reporter ¶224-700
HMRC Guidance – BIM33145 ; BIM33150

Generally

Commentary – Tax Reporter ¶224-500 ; Tax Reporter ¶709-330
HMRC Guidance – BIM33100 ; BIM33160
Case Law – B.S.C. Footwear Ltd. (formerly Freeman, Hardy & Willis Ltd.) v. Ridgway (H.M. Inspector of Taxes) ; COMMISSIONERS OF INLAND REVENUE v. COCK RUSSELL AND CO., LTD. ; Duple Motor Bodies, Ltd. v. Ostime (H.M. Inspector of Taxes) Ostime (H.M. Inspector of Taxes) v. Duple Motor Bodies, Ltd. Duple Motor Bodies, Ltd. v. Commissioners of Inland Revenue Commissioners of Inland Revenue v. Duple Motor Bodies, Ltd. ; Ryan (H.M. Inspector of Taxes v. Asia Mill, Ltd. ; WHIMSTER & CO. v. THE COMMISSIONERS OF INLAND REVENUE.

HMRC's practice

Commentary – Tax Reporter ¶224-500
HMRC Guidance – BIM33100 ; BIM33160
Case Law – COMMISSIONERS OF INLAND REVENUE v. COCK RUSSELL AND CO., LTD. ; Ryan (H.M. Inspector of Taxes v. Asia Mill, Ltd. ; WHIMSTER & CO. v. THE COMMISSIONERS OF INLAND REVENUE.

Long-term contract work

Commentary – Tax Reporter ¶224-550
HMRC Guidance – BIM33025
Case Law – Duple Motor Bodies, Ltd. v. Ostime (H.M. Inspector of Taxes) Ostime (H.M. Inspector of Taxes) v. Duple Motor Bodies, Ltd. Duple Motor Bodies, Ltd. v. Commissioners of Inland Revenue Commissioners of Inland Revenue v. Duple Motor Bodies, Ltd.

Method

Commentary – Tax Reporter ¶224-500 ; Tax Reporter ¶709-330
HMRC Guidance – BIM33100 ; BIM33160
Case Law – B.S.C. Footwear Ltd. (formerly Freeman, Hardy & Willis Ltd.) v. Ridgway (H.M. Inspector of Taxes) ; COMMISSIONERS OF INLAND REVENUE v. COCK RUSSELL AND CO., LTD. ; Duple Motor Bodies, Ltd. v. Ostime (H.M. Inspector of Taxes) Ostime (H.M. Inspector of Taxes) v. Duple Motor Bodies, Ltd. Duple Motor Bodies, Ltd. v. Commissioners of Inland Revenue Commissioners of Inland Revenue v. Duple Motor Bodies, Ltd. ; Ryan (H.M. Inspector of Taxes v. Asia Mill, Ltd. ; WHIMSTER & CO. v. THE COMMISSIONERS OF INLAND REVENUE.

Motor dealers

Commentary – Tax Reporter ¶224-750
HMRC Guidance – BIM52001

Net realisable value, meaning

Commentary – Tax Reporter ¶224-800
HMRC Guidance – BIM33140
Case Law – B.S.C. Footwear Ltd. (formerly Freeman, Hardy & Willis Ltd.) v. Ridgway (H.M. Inspector of Taxes) ; BRIGG NEUMANN & CO. v. THE COMMISSIONERS OF INLAND REVENUE. THE COMMISSIONERS OF INLAND REVENUE v. BRIGG NEUMANN & CO.

Overheads

Commentary – Tax Reporter ¶224-650
HMRC Guidance – BIM33135
Case Law – Duple Motor Bodies, Ltd. v. Ostime (H.M. Inspector of Taxes) Ostime (H.M. Inspector of Taxes) v. Duple Motor Bodies, Ltd. Duple Motor Bodies, Ltd. v. Commissioners of Inland Revenue Commissioners of Inland Revenue v. Duple Motor Bodies, Ltd.

Post-cessation receipts

Commentary – Tax Reporter ¶223-110