Alternative finance investment bonds

– see Alternative finance investment bonds

Alternative finance return

Deduction of income tax at source

Legislation/Regulatory – ITA2007 s. 564Q

Exclusion from sale consideration

Legislation/Regulatory – ITA2007 s. 564V ; TCGA92 s. 151X

Meaning

Legislation/Regulatory – ITA2007 s. 564I-564U ; ITEPA2003 s. 173A(4) ; TCGA92 s. 151H, 151P-151S

Trade or property business

Legislation/Regulatory – ITA2007 s. 564N

Treatment as interest

Legislation/Regulatory – ITA2007 s. 564M-564Q

Child trust funds

Legislation/Regulatory – SI 2004/1450 reg. 24

Community investment tax relief

Deposit arrangements

Legislation/Regulatory – CTA2010 s. 258

Interest, meaning

Legislation/Regulatory – CTA2010 s. 256

Loan, meaning

Legislation/Regulatory – CTA2010 s. 256

Profit share agency arrangements

Legislation/Regulatory – CTA2010 s. 259

Purchase and resale arrangements

Legislation/Regulatory – CTA2010 s. 257

Deposit arrangements

Legislation/Regulatory – CTA2009 s. 505, 513 ; ITA2007 s. 372C, 564E, 564L ; TCGA92 s. 151H, 151L, 151M, 151S
HMRC Guidance – CFM44090 ; CFM44270 ; CFM92460

Diminishing share ownership

Legislation/Regulatory – CTA2009 s. 504, 512, 514, 515 ; HMRCBrf 26/07 ; ITA2007 s. 564D, 564K, 564W ; ITEPA2003 s. 173A ; TCGA92 s. 151H, 151K, 151M, 151R, 151Y
HMRC Guidance – CFM44070 ; CFM44080 ; CFM44240 ; CFM44270 ; CFM44290

Distributions

Legislation/Regulatory – CTA2010 s. 1019
HMRC Guidance – CFM44300 ; CTM15515 ; CTM15520

Financial institution, meaning

Legislation/Regulatory – CTA2009 s. 502 ; ITA2007 s. 564B ; ITEPA2003 s. 173A(4) ; TCGA92 s. 151I
HMRC Guidance – CFM44030 ; CFM44240

Government borrowing

Legislation/Regulatory – FA2008 s. 157, Sch. 46

Group relief

Legislation/Regulatory – CTA2010 s. 110

High value residential property transactions, higher rate tax

Legislation/Regulatory – FA2003 s. 81ZA, 85(3), (4), Sch. 4A, para. 6A-6H ; FA2013 Sch. 40, para. 2, 4

Interest, meaning

Legislation/Regulatory – ITA2007 s. 372A ; ITEPA2003 s. 173A(2)

Investment bond arrangements

Legislation/Regulatory – CTA2009 s. 507, 514, 517-519 ; ITA2007 s. 564G, 564L ; TCGA92 s. 151H, 151N, 151O, 151S-151W
HMRC Guidance – CFM44120 ; CFM44140 ; CFM44150 ; CFM44160 ; CFM44170 ; CFM44190 ; CFM44210 ; CFM44220 ; CFM44230 ; CFM44240 ; CFM44250 ; CFM44260 ; CFM44270

Loan relationships, treatment as

Legislation/Regulatory – CTA2009 s. 501, 509, 510, Sch. 2, para. 73
HMRC Guidance – CFM44040 ; CFM44180 ; CFM44230

Loan, meaning

Legislation/Regulatory – ITA2007 s. 372A

Meaning

Legislation/Regulatory – CTA2009 s. 501 ; FA2003 Sch. 4ZA, para. 15(3) ; FA2016 s. 128(3) ; ITA2007 s. 564A

Permanent establishment

Commentary – Schwarz on Tax Treaties ¶15-450
Legislation/Regulatory – CTA2010 s. 1144
HMRC Guidance – CFM44280

Power to amend provisions

Legislation/Regulatory – TIOPA2010 s. 366

Profit share agency arrangements

Legislation/Regulatory – CTA2009 s. 506, 516, Sch. 2, para. 74 ; ITA2007 s. 372D, 564F, 564L, 564X ; TCGA92 s. 151H, 151M, 151O, 151S
HMRC Guidance – CFM44100 ; CFM44270

Provisions not at arm's length, exclusion of arrangements

Legislation/Regulatory – CTA2009 s. 508, 520 ; ITA2007 s. 564H, 564Y
HMRC Guidance – CFM44320

Purchase and resale arrangements

Legislation/Regulatory – CTA2009 s. 503, 511, 514 ; ICTA88 s. 367A ; ITA2007 s. 372B, 564C, 564I, 564J ; ITEPA2003 s. 173A ; TCGA92 s. 151H, 151J, 151O, 151P, 151Q
HMRC Guidance – CFM44030 ; CFM44050 ; CFM44060 ; CFM44240 ; CFM44270

Relocation of provisions

Legislation/Regulatory – TIOPA2010 s. 365

Stamp duty land tax

Commentary – Essential Tax Companion ¶63360

Sukuk

Legislation/Regulatory – FA2008 s. 157, Sch. 46

Transfer pricing

Legislation/Regulatory – CTA2009 s. 508, 520

Treasury borrowing

Legislation/Regulatory – FA2008 s. 157, Sch. 46