Chapter 3 – Principal provisions relating to the payment of interest (ss 244-255)

Contents

Section 244 – Relief for interest paid on certain home loans [TCA 1997 s 244] Section commentary
Section 244A – Application of section 244 (relief for interest paid on certain home loans) [TCA 1997 s 244A] Section commentary
Section 245 – Relief for certain bridging loans [TCA 1997 s 245] Section commentary
Section 246 – Interest payments by companies and to non-residents [TCA 1997 s 246] Section commentary
Section 246A – Interest in respect of wholesale debt instruments [TCA 1997 s 246A] Section commentary
Section 247 – Relief to companies on loans applied in acquiring interest in other companies [TCA 1997 s 247] Section commentary
Section 248 – Relief to individuals on loans applied in acquiring interest in companies [TCA 1997 s 248] Section commentary
Section 248A – Restriction of relief in respect of loans applied in acquiring interest in companies and partnerships [TCA 1997 s 248A] Section commentary
Section 249 – Rules relating to recovery of capital and replacement loans [TCA 1997 s 249] Section commentary
Section 250 – Extension of relief under section 248 to certain individuals in relation to loans applied in acquiring interest in certain companies [TCA 1997 s 250] Section commentary
Section 250A – Restriction of relief to individuals in respect of loans applied in acquiring interest in companies [TCA 1997 s 250A] Section commentary
Section 251 – Restriction of relief to individuals on loans applied in acquiring shares in companies where a claim for "BES relief" or "film relief" is made in respect of amount subscribed for shares [TCA 1997 s 251] Section commentary
Section 252 – Restriction of relief to individuals on loans applied in acquiring interest in companies which become quoted companies [TCA 1997 s 252] Section commentary
Section 253 – Relief to individuals on loans applied in acquiring interest in partnerships [TCA 1997 s 253] Section commentary
Section 254 – Interest on borrowings to replace capital withdrawn in certain circumstances from a business [TCA 1997 s 254] Section commentary
Section 255 – Arrangements for payment of interest less tax or of fixed net amount [TCA 1997 s 255] Section commentary

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.

Become a member