Income & gains

The charge to tax as miscellaneous income is a sweep-up charge. The provisions charge tax on income that is not otherwise taxable as income under Corporation tax provisions.

Examples include:

• Income received under an agreement or arrangement which is not otherwise taxable.
• Payment for the use of money that does not fall within the loan relationships legislation.

Miscellaneous income and gains lists all of the income identified on Profit and loss as Miscellaneous income. It is not possible to enter details of miscellaneous income directly on to this page.

Click Edit to open Miscellaneous income and gains for the selected income type. Use this page to enter amounts in:

• Amount b/f
• Amount c/f
• Not taxable