Tax and accounting: changes
Tax and accounting: changes
- 2001
- Inland Revenue Press Release (101) 1 August 2001 (3) .
The Paymaster General announces that government will introduce legislation to clarify the basis on which profits are taxed. This will ensure that trading profits are taxed efficiently and tax relief is provided once only for trading expenses.
MANAGEMENT-BUSINESS MANAGEMENT-FINANCIAL MANAGEMENT-ACCOUNTING
FINANCE BILL
FINANCE ACT 1988
PROFITS
The Paymaster General announces that government will introduce legislation to clarify the basis on which profits are taxed. This will ensure that trading profits are taxed efficiently and tax relief is provided once only for trading expenses.
MANAGEMENT-BUSINESS MANAGEMENT-FINANCIAL MANAGEMENT-ACCOUNTING
FINANCE BILL
FINANCE ACT 1988
PROFITS