Commentary

B5.611 Rules for computing trading profits for tied premises

Business tax
Business tax | Commentary

B5.611 Rules for computing trading profits for tied premises

Business tax | Commentary

Brewers

B5.611 Rules for computing trading profits for tied premises

Income and expenditure of a brewer from tied premises, which would normally be dealt with as relating to a property business, are specifically required to be included in trading profits1. This applies to premises outside the UK which are supplied by a UK brewer2. 'Tied premises' are premises through which goods supplied by a trader are sold or used by another person, and where the trader has an interest or estate in the premises that he employs for trade purposes3. Although this rule does not apply exclusively to brewers,

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