0 used to describe a business that is not involved in buying or selling, or one that is not operating: --
The high-street stores group is planning to raise £400 million through the sale of non-trading properties.
1 used to describe a time when no buying or selling takes place: --
This figure includes over 400,000 trading companies and many non-trading associations.
That would mean that shares in an unlisted non-trading company, such as a property investment company, would qualify for business assets taper relief.
There would be no distinction between trading and non-trading companies.
This idea was communicated and the name of a non-trading sort of company was changed immediately to the system implied by this invention.
These estimates will need to distinguish between the amounts required for market support, for advertising and for the authority's other non-trading functions respectively.
The effect of the amendment would be felt by trading, non-trading and small companies alike.
There are now non-trading losses to be considered.
It will probably pay tax on the aggregate surplus of its trading and non-trading activities.
