This guidance describes the capital gains aspects of the regime for Loan Relationships for companies from 1 April 1996 until the first accounting period to start on or after 1 October 2002. For periods beginning on or after 1 October 2002 see CG54100+

Apart from the exceptions mentioned below, loan relationships are treated as QCBs for the purposes of Corporation Tax, see CG54010. So – apart from any transitional charge or allowance, see CG54050+ – there will be no continuing consequences to these debts for capital gains purposes.

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.