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),
(b)
section 792(5) (reallocation of charge within group), and
(c)
section 901(3) (insurance companies: effect of application of the I minus E basis: non-trading amounts).