PM225000 - Connected parties

S850C (18)(a) ITTOIA 2005, S993 ITA 2007

The individual has the power to enjoy the profits of the non-individual partner if they are connected persons within the definition at S993 ITA 2007, other than simply being connected through being partners.

If the parties are only connected by being partners in the partnership, then they are not connected for the purposes of Condition Y.

If they are connected then the individual has the power to enjoy the profit share, and Condition Y is satisfied, see PM219000.