BIM84135 - Averaging: marginal relief - HMRC internal manual - GOV.UK
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
BIM84135 - Averaging: marginal relief
S223(4) Income Tax (Trading and Other Income) Act 2005
Marginal relief gave some measure of profit averaging when the volatility figure fell between 70% and 75%.
Marginal relief was repealed in Finance Act 2016 and the last year this relief could be claimed for was the 2015/2016 tax year.
Previous page Next page