»Ê¹ÚÌåÓýapp

»Ê¹ÚÌåÓýapp extended meaning of distributions should normally be regarded as not applying where the expense is incurred in or in connection with:

• the provision of benefits, etc, for a person who is a director of the company or is employed by the company in higher paid employment (SE20200 onwards),
• the provision of living accommodation for any person if the accommodation is (within the meaning of ITEPA2003/S97 (formerly ICTA88/S145) provided by reason of their employment,
• the provision for the spouse, children or dependants of a person employed by the company of any pension, annuity, lump sum, gratuity or other like benefit to be given on that person’s death or retirement.

»Ê¹ÚÌåÓýapp extended meaning of distribution CTM60520 should also, normally, be regarded as not applying to expenses incurred in or in connection with the provision of benefits, etc, for a participator (or an associate of a participator) who is:

• a director or employee of a company which is a charity, or
• employed by a company which carries on business as a school (or other educational establishment), or
• employed in lower paid employment,

unless exceptionally the benefits etc are excessive compared to those which might normally be provided for an individual holding a similar position with a company in which they were not a participator (or an associate of a participator).