Show Summary Details

Chapter 5: Company purchase of own shares

Tax Planning: 2023/24

Edited by:
Mark McLaughlin
Bloomsbury Professional
2023/24 edition
Publication Date:
March 2024
Law Stated At:
22 February 2024
Introduction Meeting the conditions Company status Purpose of the payment Statement of Practice 2/82 Retaining an interest in the company Allum v Marsh Factors to consider Residence of vendor Period of ownership The ‘substantial reduction’ test The ‘no continuing connection’ test Practical issues Income or capital? Status of the shares Company status Clearance applications to HMRC Breaching the conditions for capital treatment Application for clearance under CTA 2010, s 1044 : purchases ...

If you would like to access this content, but you are not currently a subscriber, please sign up for a free trial here. If you already subscribe to this service please login here.