BIM34000 - Change of basis of computing taxable profits: contents

This chapter deals with the consequences of changes in the way in which taxable profits of a trade, profession or vocation are computed from one period of account to the next. The effect of such changes for tax purposes depends on whether they occur as a result of a change in the legislation or in our understanding of the legislation, a change of accounting policy, or to correct errors.

A full list of the contents of this chapter is shown below. The guidance is subdivided into sections, the opening page of each section being in bold in the list below. Please click on the page number alongside to go direct to each section.