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Practical points 2019 - Business tax

Guidance from ICAEW's Tax Faculty for practitioners on the latest developments in policy, practice and legislation related to business taxes and reliefs, including: capital allowances; cash basis; corporation tax; entrepreneurs relief; and self-employed taxation. These brief practical points are published each month in the faculty's magazine TAXline.

From the weekly Tax update published by Smith & Williamson LLP

It is also worth bearing in mind that anti-avoidance rules will prevent a director clearing a loan shortly before the s455 trigger date, only to re-borrow the funds shortly thereafter.