51²è¹Ý

Introduction

Who can claim

Farmers

Creative works

Checklist

Which years may be averaged

Profits for the purpose of averaging

When Profits can be averaged

Marginal relief

Successive claims

Giving effect to a claim

Amendments to profits: reasons other than averaging: averaging claim in place

Claims: time limit

Claims to other reliefs

Postponement of payment of tax and interest

Adjustments to reliefs

Partnerships

Example of a two year claim

Example of a five year claim

Example of amendment to profits following averaging

Example of amendment to profit without averaging

Example of a two year claim with loss cap restriction