CTA2010/Part 7/Chapter 5/S249; CTA2010/Part 7/Chapter 5/S250; ITA/s366; ITA/s367

The table below shows when value is received (CITM7060) for the purposes of the CITR scheme and how the amount of such value is established or calculated.

Circumstances in which value received Amount of value received Notes
Repayment, redemption or repurchase of any securities or shares included in the investment Amount received by the investor Such receipts are only treated as value received for the purposes of the investment to which the receipt relates, other investments are not affected.
Release or waiver of any liability of the investor, or discharge or undertaking to discharge of any liability of the investor to another person Amount received by the investor A liability is treated as waived or released if it is not discharged within 12 months of the time it ought to have been discharged.
Making of a loan or advance to the investor that has not been fully repaid before the investment is made Amount of the loan less any amount repaid before the investment is made The following amounts are treated as loans made by the CDFI to the investor

- debts incurred by the investor to the CDFI (other than ordinary trade debts)

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