000			00796cam a2200145 4500
001			ABS61038
008			000000n1999 000 0 eng u
035			_a(Sirsi) u101592
245		4	_aThe new system for taxing professional businesses: what is meant by 'true and fair view'?
260			_c1999
490			_aInland Revenue Tax Bulletin _v(38) December 1998, 606-615(10)
520			_aGuidance note on the changes introduced by the Finance Act 1998 to the way in which the profits of professional businesses are calculated for tax purposes. Professional practices can no longer compute their profits on a cash or conventional basis but must adopt a basis which gives a 'true and fair view' of profits. Refers to case law and gives examples of calculations.
690			_aTAXATION
942			_n0
999			_c60724 _d60724