Related Commentary  Related HMRC Manuals

97(1)  A payment or other benefit is not a reverse premium so far as it is brought into account under section 532 of CAA 2001 (the general rule excluding contributions) to reduce the recipient's expenditure qualifying for capital allowances.

97(2)  A payment or other benefit received in connection with a property transaction is not a reverse premium if–

(a)the person entering into the transaction is an individual, and

(b)the transaction relates to premises occupied or to be occupied by the individual as the individual's only or main residence.

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