Chapter-5 : Allowable Expenses, Reliefs & Adjustments

Category Personal Tax Income Tax – Self-Assessment & Filing Chapter-5 : Allowable Expenses, Reliefs & Adjustments

Chapter-5 : Allowable Expenses, Reliefs & Adjustments

If your business has transitional profits from basis period reform, spreading over five years may reduce the cash flow impact,...

Guide

Post cessation transactions

June 20, 2024

Tax relief may be available for post-cessation expenses of a trade. To be an allowable post-cessation expense the trade must...

Guide

Tax and maintenance payments

March 13, 2025

Maintenance Payments Relief reduces Income Tax for those making court-ordered payments to an ex-spouse or civil partner. To qualify, one...