Income Tax Act 2007 section 95

Interest: loans for interests in employee-controlled companies

Section 95 provides transitional rules for interest relief on loans used before 6 April 1990 to acquire interests in employee-controlled companies, extending certain provisions to include spouses and setting conditions for successor loans made on or after that date.

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.