Part 8Intangible fixed assets
Chapter 6How credits and debits are given effect
Introductory
746“Non-trading credits” and “non-trading debits”
(1)
In this Part credits and debits in respect of intangible fixed assets that are not within sections 747 to 749 are referred to respectively as “non-trading credits” and “non-trading debits”.
(2)
See also—
(a)
section 781(5) (character of credits and debits brought into account as a result of section 780),
F1(b)
section 793A (effect of election to reallocate charge within group),
F2(ba)
sections 879C(3), 879I(3), 879K(5) and 879O(3)(b) (debits in respect of goodwill and certain other assets treated as non-trading debits), and
(c)
F3section 901 (insurance companies: effect of application of the I minus E basis: non-trading amounts).