Many provisions relating to capital allowances are disapplied or varied where the parties to a transaction are connected.
An individual is connected with a person if that person is:
the individual’s spouse / civil partner
a relative
the spouse / civil partner of a relative of the individual or of the individual’s spouse / civil partner
‘Relative’ means a brother, sister, ancestor or lineal descendant. ‘Lineal descendant’ will include any descendant of the spouse by a previous marriage though not a later marriage.
A trustee of a settlement is connected with:
any individual who is a settlor in relation to that settlement
any person who is connected with that settlor
a body corporate which is deemed to be connected with that settlement
A body corporate is deemed to be connected with a settlement in any year of assessment if at any time in that year:
it is a close company (or only
Exporting goods ― proof of exportIn addition to the requirements laid down in the Exporting goods ― overview guidance note, businesses intending to zero-rate exported goods must hold satisfactory evidence that the goods have been delivered to a destination outside of the UK. If satisfactory evidence
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