Loan Relationships: Guidance On The Application Of Paragraph 13
|Category|| 2003 Releases
|Author||Lisa Drackley - Communication
The Chartered Institute of Taxation has recently had discussions with the Inland Revenue regarding the guidance issued by the Inland Revenue on 24 April 2002 on the possible application of paragraph 13 of Schedule 9 to the Finance Act 1996 (loan relationships for unallowable purposes), and in the light of these discussions has issued a guidance note for its members which appears on the Institute’s website www.tax.org.uk. Contacts: Viv Rees, Head of Communications: 020 7245 4109 (O)
07900 220 887 (M)
Press Office: Penny Finch; 020 7235 9381.