Syllabus A4c. Taxable Total Profits 6 / 9

i) Identify qualifying research and development expenditure, both capital and revenue, and determine the reliefs available by reference to the size of the individual company/group

ii) Recognise the relevance of a company generating profits attributable to patents

iii) Identify the enhanced capital allowances available in respect of expenditure on green technologies, including the tax credit available in the case of a loss making company

iv) Determine the tax treatment of non trading deficits on loan relationships

v) Recognise the alternative tax treatments of intangible assets and conclude on the best treatment for a given company

vi) Advise on the impact of the transfer pricing and thin capitalisation rules on companies

vii) Advise on the restriction on the use of losses on a change in ownership of a company
Taxable Total Profits