BIM00550 - Introduction: abbreviations used
The following abbreviations are used in the Business Income Manual.
| BEN | Business Economic Notes |
|---|---|
| CAA | Capital Allowances Act |
| CGT | Capital Gains Tax |
| CTA | Corporation Tax Act |
| CT | Corporation Tax |
| ESC | Extra Statutory Concession |
| EU | European Union |
| FA | Finance Act |
| F2A | Finance (No 2) Act |
| FRS | Financial Reporting Standards |
| GAAP | Generally accepted accounting practice |
| IAS | International Accounting Standards |
| ICTA | Income & Corporation Taxes Act |
| IFRS | International Financial Reporting Standards |
| IT | Income Tax |
| ITA | Income Tax Act |
| ITEPA | Income Tax (Earnings and Pensions) Act |
| ITTOIA | Income Tax (Trading and Other Income) Act |
| NIC | National Insurance Contributions |
| SA | Self-assessment |
| SSAP | Statement of Standard Accounting Practice |
| SP | Statement of Practice |
| TB | Tax Bulletin |
| TCGA | Taxation of Chargeable Gains Act |
| TIOPA | Taxation (International and Other Provisions) Act |
| TMA | Taxes Management Act |
| UK | United Kingdom |
| VAT | Value added tax |