Acquisition of own shares

Advance corporation tax

Anti-avoidance provisions

Controlled company rules, manipulation of

Deductions

Diversion of trade income

Election for distributions to be taxable

Giving up right to income

Loan relationships

Payments made for

Payments not at arm's length

Portfolio holdings rules, manipulation of

Quasi-preference shares or quasi-redeemable shares

Approved investment trusts

Authorised investment funds

Dividends

Interest

Recipients, treatment of

Authorised unit trusts

Bonus redeemable share capital/bonus securities

Building societies

Capital distributions

Capital dividends

Charge to tax

Charities, exemption

Charities, qualifying donations to

Close companies

– see also Close companies

Generally

Consideration

Controlled companies

Dealers receiving distributions in respect of shares

Deductions

Demergers

– see Demergers

Distribution repaying shares or securities

Distribution, meaning

Diversion of trade income

Dividends

Election for distributions to be taxable

European dimension, case law

Exemption from tax

Controlled companies

Dividends derived from transactions not designed to reduce tax

Flowchart

Generally

Non-redeemable ordinary shares

Portfolio holdings

Shares accounted for as liabilities

Fully paid preference shares

General principles

Generally

Gifts of shares to charity

Giving up right to income

Groups of companies

Income apportioned among participators of close companies

Industrial and provident societies

Interest deemed to be distributions

Interest on securities

Interest payments, limited meaning of distribution

Investment trusts

Legislation

Liquidations

Loan relationships

Meaning

Medium and large companies receiving

Mutual companies

Nature of

Non-distributions

Non-qualifying distributions

Non-qualifying distributions, dividends and released of loans

Non-redeemable share capital, issue of

Non-resident companies

Charge to tax

Charities, to

Tax credits

Non-residents, distributions received by

Open-ended investment companies

Overview

Paid on or after 1 July 2009

Paying company, consequences for

Payments not treated as

Portfolio holdings

Post-1 July 2009

Pre-1 July 2009

European dimension, case law

Generally

Purchase by company of own shares

Generally

Qualifying distributions

Generally

Quasi-preference or quasi-redeemable shares

Real estate investment trusts

Attribution

Deduction at source

Liability to tax

Post-accounting period

Stock dividends

Recipient, consequences for

Reciprocal arrangements

Reduction of share capital, following

Repayment of share capital

Returns

Non-qualifying distributions

Qualifying distributions

Stock dividends

Tax certificates, duty to provide

Tax credits

Schedule F

Scheme, meaning

Small companies

Charge to tax, flowchart

Exemption from tax

Micro, small and medium-sized enterprises, meaning

Qualifying territory, meaning

Small company, meaning

Small company receiving

Social/recreational unincorporated associations

Stock dividends

Tax advantage scheme, meaning

Tax credits

Generally

Non-resident companies

Qualifying distributions

Thin capitalisation

Tier two capital

Transfer pricing

Transfers of assets

Between resident companies

To and from a company

Transfers of assets or liabilities

UK-residents, distributions received by

Unincorporated associations, dissolution

Unit trusts

Venture capital trusts

Winding-up