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BIM80500 | Computing the amount to assess: business changes: contents

From HM Revenue & Customs · Business Income Manual

This chapter considers the principles which determine whether a commencement or cessation of trade has occurred. The taxation treatment on commencement of trade is described in BIM81015 and the cessation provisions are at BIM81025. Certain loss reliefs are available only on commencement (BIM85045) or cessation (BIM85055). Income relating to the trade which arises after cessation has occurred will be taxed as post cessation receipts. See BIM90000 onwards. The chapter also considers changes in the persons carrying on a trade, which normally is referred to as ‘succession’.

Contents37 entries

  1. BIM80501Computing the amount to assess: business changes: a matter of fact
  2. BIM80505Computing the amount to assess: business changes: commencement: general principles
  3. BIM80510Computing the amount to assess: business changes: commencement: manufacturers and retailers
  4. BIM80515Computing the amount to assess: business changes: commencement: high technology businesses
  5. BIM80520Computing the amount to assess: business changes: commencement: mining and similar businesses
  6. BIM80525Computing the amount to assess: business changes: commencement: trading before company formation
  7. BIM80530Computing the amount to assess: business changes: one trade or more than one trade: general principles
  8. BIM80535Computing the amount to assess: business changes: one trade or more than one trade: companies
  9. BIM80540Computing the amount to assess: business changes: one trade or more than one trade: decided cases
  10. BIM80545Computing the amount to assess: business changes: one trade or more than one trade: carrying on a trade and a profession
  11. BIM80550Computing the amount to assess: business changes: one trade or more than one trade: same trade by different entities
  12. BIM80555Computing the amount to assess: business changes: one trade or more than one trade - losses
  13. BIM80565Computing the amount to assess: business changes: cessation - general principles
  14. BIM80570Computing the amount to assess: business changes: cessation - death and insolvency
  15. BIM80575Computing the amount to assess: business changes: cessation - collection of trade debts
  16. BIM80580Computing the amount to assess: business changes: cessation: break in activities
  17. BIM80585Computing the amount to assess: business changes: cessation - professions and vocations
  18. BIM80590Computing the amount to assess: business changes: changes in scale, nature or location of trade - general principles
  19. BIM80595Computing the amount to assess: business changes: changes in scale, nature or location of trade - organic unity
  20. BIM80600Computing the amount to assess: business changes: changes in scale, nature or location of trade - part time to full time
  21. BIM80605Computing the amount to assess: business changes: changes in scale, nature or location of trade - relocations
  22. BIM80610Computing the amount to assess: business changes: changes in scale, nature or location of trade - changes in residence status
  23. BIM80615Computing the amount to assess: business changes: changes in scale, nature or location of trade - business expansion
  24. BIM80620Computing the amount to assess: business changes: succession and changes in ownership - what is a succession?
  25. BIM80625Computing the amount to assess: business changes: succession and changes in ownership: professions and vocations
  26. BIM80630Computing the amount to assess: business changes: succession and changes in ownership - effect of succession on the charge to tax
  27. BIM80635Computing the amount to assess: business changes: succession and changes in ownership - partial changes in ownership
  28. BIM80640Computing the amount to assess: business changes: succession and changes in ownership - succession and part-trades
  29. BIM80645Computing the amount to assess: business changes: succession and changes in ownership: is a sale of a business to another trader a succession?
  30. BIM80650Computing the amount to assess: business changes: succession and changes in ownership - factors affecting succession
  31. BIM80655Computing the amount to assess: business changes: succession and changes in ownership - insolvency
  32. BIM80660Computing the amount to assess: business changes: succession and changes in ownership - date of succession
  33. BIM80665Computing the amount to assess: business changes: succession and changes in ownership - apportionment of profits
  34. BIM80675Computing the amount to assess: business changes: succession and changes in ownership - expansion by acquiring a business as a going concern
  35. BIM80680Computing the amount to assess: business changes: succession and changes in ownership - mergers
  36. BIM80685Computing the amount to assess: business changes: succession and changes in ownership - demergers
  37. BIM80690Computing the amount to assess: business changes: professional work in progress at cessation