HMRC manual changes: 29 September 2023

Direct taxes

Manual	Page	Comments
Business Income Manual	Updated: BIM40655	Additions made to the supplementary guidance on the computation of profits received by self-employed insurance agents travel agents and other similar agents focusing on instances where commission or cash-backs are exchanged netted-off applied for the purchaser's benefit or when extra value is added without altering the purchase price.
Company Taxation Manual	Updated: CTM82190	An example covering how group relief for carried-forward losses applies was updated so that in the facts of the scenario provided no deductions allowance has been allocated to any company for the relevant periods. It also clarifies the treatment of claims during overlapping periods.
Corporate Intangibles Research and Development...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.

Once you have registered, you will receive an email directing you back to read this article in full.

Direct taxes

Manual	Page	Comments
Business Income Manual	Updated: BIM40655	Additions made to the supplementary guidance on the computation of profits received by self-employed insurance agents travel agents and other similar agents focusing on instances where commission or cash-backs are exchanged netted-off applied for the purchaser's benefit or when extra value is added without altering the purchase price.
Company Taxation Manual	Updated: CTM82190	An example covering how group relief for carried-forward losses applies was updated so that in the facts of the scenario provided no deductions allowance has been allocated to any company for the relevant periods. It also clarifies the treatment of claims during overlapping periods.
Corporate Intangibles Research and Development...