Part 3 Trading incomeC1

United Kingdom

1. 1Introduction
2. 2Income taxed as trade profits
3. 3Trade profits: basic rules
4. 4Trade profits: rules restricting deductions
5. 5Trade profits: rules allowing deductions
6. 6Trade profits: receipts
7. 6ATrade profits: R&D expenditure credits
8. 7Trade profits: gifts to charities etc
9. 8Trade profits: herd basis rules
10. 8ACOMPENSATION FOR COMPULSORY SLAUGHTER OF ANIMALS
11. 9Trade profits: other specific trades
12. 10Trade profits: changes in trading stock
13. 11Trade profits: valuation of stock on cessation of trade
14. 12Deductions from profits: unremittable amounts
15. 13Disposal and acquisition of know-how
16. 14Adjustment on change of basis
17. 15Post-cessation receipts
18. 16Priority rules