��˾��ҹ��

Home / Simons-Taxes /Personal and employment tax /Part E5 Special classes of individual /Division E5.6 Lloyd's underwriters /Taxation of underwriting income and gains / E5.613 Basis of assessment

E5.613 Basis of assessment

Personal and employment tax

Syndicate results

The basis of assessment for syndicate accounts is the distribution basis, which means that the profits of the account are assessed for the tax year corresponding to the underwriting year in which the profits are declared¹. The cash basis of assessment cannot be used for Lloyd's underwriting

View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial

TAKE A FREE TRIAL

E5.607 Corporate members

C1.106 Allowable capital losses

I4.142A Liabilities which are not discharged out of the estate

I3.367 Fall in value relief—changes in interests in land

C3.1814A CGT exempt assets—qualifying corporate bonds (QCB)

C2.1020 Employment-related securities options and capital gains

E4.11120 Additional annual returns by employers—overview

C1.106A Annual exempt amount

B2.413 Car hire

E5.406 Employees of European Union delegations—tax exemptions

E8.271 Liability for Class 1A contributions

C3.305 Rollover relief—time limit for acquisition of replacement assets

D1.404B Large company definition for R&D tax relief

C3.1713 PPR relief where a dependent relative occupied the residence prior to 6 April 1988

D1.1061 Substantial shareholding exemption—interaction with other reliefs

B5.101 What is 'farming' and 'market gardening'

I5.1212 Protector of a foreign trust

E7.234 Other types of lifetime benefit lump sum

D6.711 Liquidation—capital gains implications

B2.472 Tax and tax-related expenditure

��˾��ҹ��