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.