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Contents

Official guidance
Business Income Manual

BIM60300 · Measuring the profits (particular trades): land transactions (before 16 March 2016)

  • BIM60305 · Transactions in land: Overview
  • BIM60307 · Transactions in land: Straightforward transactions of purchase and sale
  • BIM60310 · Transactions in land: Conditions
  • BIM60315 · Transactions in land: Territorial scope
  • BIM60320 · Land transactions: Conditions: Motive test
  • BIM60325 · Transactions in land: Person obtaining the gain
  • BIM60328 · Transactions in land: Provider of value or opportunity
  • BIM60330 · Transactions in land: Right to recover the tax from another person
  • BIM60333 · Transactions in land: Computation
  • BIM60335 · Transactions in land: Period in which the gain is taxed
  • BIM60337 · Transactions in land: Transactions, arrangements, sales and realisations
  • BIM60340 · Transactions in land: Common situations
  • BIM60345 · Transactions in land: Common situations: Diversion schemes
  • BIM60350 · Transactions in land: Common situations: 'Slice of the action' contracts
  • BIM60355 · Transactions in land: Common situations: 'Slice of the action' contracts: Identification
  • BIM60360 · Transactions in land: Common situations: 'Slice of the action' contracts: Portion of charge may be exempt
  • BIM60365 · Transactions in land: Common situations: 'Slice of the action' contracts: Portion of charge may be exempt: Example
  • BIM60370 · Transactions in land: Exemptions: Profit chargeable as trading income
  • BIM60375 · Transactions in land: Exemptions: Principal private residence
  • BIM60395 · Transactions in land: Clearance applications: Overview
  • BIM60400 · Transactions in land: Clearance applications: conditions for application
  • BIM60405 · Transactions in land: Clearance applications: Reference to BAI Business Profits
  • BIM60410 · Transactions in land: Clearance applications: Time limit
  • BIM60415 · Transactions in land: Clearance applications: Obtaining further information
  • BIM60420 · Transactions in land: Clearance applications: Acceptance
  • BIM60425 · Land transactions: Clearance applications: Refusal
  • BIM60430 · Transactions in land: Clearance applications: Form of words to accept or refuse clearance
  • BIM60435 · Transactions in land: Clearance applications: Multiple applications in relation to the same transaction
  • BIM60450 · Transactions in land: Definitions: Land
  • BIM60455 · Transactions in land: Definitions: Property deriving its value from land
  • BIM60460 · Transactions in land: Definitions: Developed
  • BIM60465 · Transactions in land: Definitions: Disposal
  • BIM60470 · Land transactions: Definitions: Gain of a capital nature
  • BIM60475 · Land transactions: Definitions: Connected person
  • BIM60480 · Transactions in land: Definitions: Another person
  • BIM60500 · Transactions in land: Tax cases
  1. Measuring the profits (particular trades): land transactions (before 16 March 2016): contents
  2. Transactions in land: Definitions: Land

BIM60450 | Transactions in land: Definitions: Land

From HM Revenue & Customs · Business Income Manual

‘Land’ has a wide meaning. Under the Interpretation Act 1978 it includes buildings and other structures, land covered with water, and any estate, interest, easement, servitude or right in or over land.

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