Further anti-avoidance provisions were introduced by Finance Act 2009, as ITA 2007, Pt. 13, Ch. 5A (Transfers of Income Streams). These apply to relevant transfers on or after 22 April 2009. As the title to the Chapter suggests, these provisions target the separation of income from the underlying asset.

It would seem that these provisions might be in point in ‘rent factoring’ or similar types of case that, for whatever reason, fall outside the charging provisions in Pt. 13, Ch. 5B (Finance Arrangements ), at ¶305-000 above.

Transfers within Ch. 5A

Ch. 5A applies where:

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.