Company transferors: what they transfer

Paragraph 1: transfer of right to ‘relevant receipts’

The provisions in CTA10/S753(3) apply where a company transfers a right to ‘relevant receipts’ to a person and this transfer is not the consequence of the transfer of the asset from which the receipts arise. In other words the provisions apply to the sale of an income stream where the seller retains the underlying asset from which the income arises.

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.