Chapter 16 Averaging profits of farmers and creative artists
United Kingdom
- 221Claim for averaging of fluctuating profits
- 221AClaim not available where cash basis used
- 222Circumstances in which claim for two-year averaging may be made
- 222ACircumstances in which claim for five-year averaging may be made
- 223Adjustment of profits
- 224Effect of adjustment
- 225Effect of later adjustment of profits