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Home / Simons-Taxes /Business tax /Part B2 How are trade profits and losses calculated? /Division B2.1 Establishing trade profits and losses /Deductions from profits—unremittable amounts / B2.118 Relief for unremittable amounts

B2.118 Relief for unremittable amounts

Business tax

Relief for unremittable amounts is available to any trader, including a financial trader¹. It is not a mandatory deduction and therefore, if the conditions are met, a trader can choose whether or not to include the deduction in the tax return². The relief does not have

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B5.301 Intellectual property—overview

B3.340A Hire purchase of plant and machinery and similar contracts

B4.130 Summary of OECD guidelines on arm's length principle

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E7.234 Other types of lifetime benefit lump sum

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