»Ê¹ÚÌåÓýapp

S169-S172ZE Income Tax (Trading and Other Income) Act 2005, S146-S149E Corporation Tax Act 2009

Introduction and layout of guidance

»Ê¹ÚÌåÓýapp guidance that follows describes a statutory provision that gives relief for what would otherwise be (disallowable) capital expenditure.

»Ê¹ÚÌåÓýapp above legislation applies to traders whose trade comprises or includes:

• the carrying on of a cemetery, or
• the carrying on of a crematorium and, in connection with doing so, the maintenance of memorial garden plots.

»Ê¹ÚÌåÓýapp broad aim of the legislation is to allow a deduction for the land consumed during the period by the sale of burial plots as a proportion of the total land available for grave spaces. »Ê¹ÚÌåÓýapp guidance also describes how to compute income and expenses in practice.

This guidance does not apply to businesses using the cash basis (see BIM70000 onwards).

This chapter covers: