BIM42200 - Deductions: timing: contents

This chapter considers when an allowable deduction should be deducted in computing trade profits.

{For the rules regarding timing of deductions for a business using the cash basis, see BIM70030}.

It contains the following:

1. BIM42201

   Date allowable
2. BIM42205

   No specific statutory rule: exclude capital items
3. BIM42210

   No specific statutory rule: revenue expenditure charged to current assets
4. BIM42215

   Deferred revenue expenditure