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    Corporation tax - Special situations - Close companies - Implications of close company status - Benefits - 15960

    Where a company provides a benefit to a participator which would be treated as a benefit in kind (¶27250) if provided to an employee or director, it is treated as a distribution. This rule does...

    Benefits in kind for shareholders - are they tax efficient?

    Your spouse owns shares in your company. As well as paying dividends it provides her with a car. She has declared it as a shareholder’s benefit but HMRC has challenged this and says that the...

    Shares in overseas company: are benefits taxable?

    Shareholders can be taxed on non-cash benefits as if they were a dividend. However, what is the position if the company is located outside the UK and what other issues do you need to advise a shareholder...

    Are benefits in kind from overseas taxable?

    You’re a shareholder in a company located outside the UK. As a perk you get to use the company owned flat, not only for business trips but also for the occasional holiday. Will you have to...