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BIM47300 | Specific deductions: security expenditure: contents

From HM Revenue & Customs · Business Income Manual

A deduction in computing the profits of a trade carried on by an individual (either alone or in a partnership of individuals) is allowed for certain revenue expenditure incurred to meet a special security threat arising from the trade. The deduction applies to Income Tax only.

The guidance on the application of the deduction is arranged as follows:

Contents4 entries

  1. BIM47301Specific deductions: security expenditure: overview
  2. BIM47305Specific deductions: security expenditure: conditions
  3. BIM47310Specific deductions: security expenditure: qualifying assets
  4. BIM47315Specific deductions: security expenditure: partial use of asset