Related Commentary  Related HMRC Manuals

1129(1)  This section applies if–

(a)a company makes a staff provision payment,

(b)the company, the staff provider and (if different) the staff controller (or staff controllers) are all connected, and

(c)in accordance with generally accepted accounting practice–

(i)the whole of the staff provision payment has been brought into account in determining the staff provider's profit or loss for a relevant period, and

(ii)all of the relevant expenditure of each staff controller has been brought into account in determining the staff controller's profit or loss for a relevant period.

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