Policy paper

Corporation Tax: loans to participators, trustees of charitable trusts

This legislation is about loans or advances made to participators on or after 25 November 2015.

Documents

Draft clause

Draft explanatory notes

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Details

This affects some close companies (broadly companies controlled by 5 or fewer participators) which are part of an ownership structure which includes companies, trustees and a charity and which make loans or advances to their participators (broadly their shareholders).

Updates to this page

Published 25 November 2015

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