Advance corporation tax, qualifying distributions

Agricultural co-operatives

Anti-avoidance rules

Controlled company rules, manipulation of

Deductions given

Diversion of trade income

Loan relationships, scheme in the nature of

Payments for distributions

Payments not at arm's length

Portfolio holdings

Quasi-preference or quasi-redeemable shares

Arrangements between companies

Associated persons

Generally

Personal representatives

Trustees

Authorised investment funds

Authorised unit trusts

Bonus issue following repayment of share capital treated as distribution

Brought into account as trading receipt

Building society

Change of status

Payments

Categories

Charge to tax

Exemption

Generally

Small companies, exemption

Chargeable gains

Deemed disposals

Generally

Circumstances giving rise to

Civil partners, references to

Close company

Companies carrying on mutual business

Companies not carrying on a business

Connected persons

Cross-border mergers, distributions as part of

Deductions disallowed

Demergers

– see Demergers

Dissolution of company, share capital

Electronic communications

Exemptions

Anti-avoidance rules

Controlled companies

Controlled foreign companies

Deductions given

Diversion of trade income

Election for distribution to be taxable

Foreign dividend coupons

Generally

Insurance companies

Loan relationships, scheme in the nature of

Non-redeemable ordinary shares

Ordinary share, meaning

Payer, meaning

Payments for distributions

Payments not at arm's length

Portfolio holdings

Provisions having priority

Quasi-preference or quasi-redeemable shares

Recipient, meaning

Redeemable, meaning

Relevant person, meaning

Scheme, meaning

Shares accounted for as liabilities

Small companies

Tax advantage scheme, meaning

Transactions not designed to reduce tax

Fishing co-operatives

Groups, members of a 90 per cent group

In kind, determination of amount

In respect of securities of the company, meaning

In respect of shares in the company, meaning

Income tax charge

Authorised unit trusts

Generally

Income charged

Open-ended investment company dividends

Person liable

Industrial and provident society payments

Information

Non-qualifying distributions

Qualifying distributions

Insurance companies

Interest payments, securities

Intermediaries

Interpretations

Intra-group interest

Investment trusts, dividends treated as interest

Lower rate application

Married persons, references to

Matters which are distributions

Meaning of distribution

Overview

Priority of negative rules

Matters which are not distributions

Associated persons

Connected persons

Overview

Meaning

Mergers, distributions as part of

Mutual business, companies carrying on

New consideration, meaning

Non-cash assets, determination of amount

Non-commercial securities

Consideration exceeding amount of principal

Consideration exceeding amount of principal, exceptions

Consideration received for issue of security

Hedging arrangements

Issued at premium representing new consideration

Meaning

Principal secured

Non-resident companies

Charge to tax

Income charged

Person liable

Share incentive plans

Tax credits

Offshore funds

Open-ended investment companies

Overview

Personal representatives

Purchase of own shares

Qualifying distribution, meaning

Real estate investment trusts

Attribution

Deduction of tax

Holders of excessive rights

Recipients, liability to tax

Redeemable share capital

Reduction of share capital, following

Repayment of share capital

Bonus issue following

Chargeable payments made within 5 years of exempt distribution

Distributions following bonus issue

Premium representing new consideration

Premiums paid on

Returns, non-qualifying distributions

Securities issued other than for new consideration

Shares and securities

Small companies, exemption

Special securities

Equity note, meaning

Interpretation

Meaning

Principal secured, meaning

Relevant alternative finance return

Stock dividends

Tax certificates

Companies duty to provide

Meaning

Nominees, duties of

Penalties

Tax credits

– see Tax credits

Transfers of assets or liabilities between a company and its members

Trustees

Unit trusts

Venture capital trusts

Winding up, distribution in respect of share capital