SAIM10000 - Relief for interest paid: overview and contents

Overview

This section of the Savings and Investment Manual covers a number of circumstances in which tax relief is available for payments of interest

»Ê¹ÚÌåÓýapp guidance in this section replaces the guidance that was previously found in the Relief Instructions at RE402-3 and RE420+ and prior to that in the Inspectors Manual at IM3800+.

Contents

  1. SAIM10010
    Introduction
  2. SAIM10020
    General conditions
  3. SAIM10030
    General conditions: the claimant
  4. SAIM10040
    General conditions: joint loan examples
  5. SAIM10050
    General conditions: certificates from lenders
  6. SAIM10060
    Interest at more than a reasonable commercial rate
  7. SAIM10070
    Interest in excess of a reasonable commercial rate - examples
  8. SAIM10080
    Interest relieved on a paid basis
  9. SAIM10090
    Reasonable commercial rate
  10. SAIM10100
    Arrangements minimising risk to borrower
  11. SAIM10110
    arrangements minimising risk to borrower: definitions
  12. SAIM10120
    arrangements minimising risk to borrower: arrangements producing a broadly compensatory amount
  13. SAIM10130
    arrangements minimising risk to borrower: examples
  14. SAIM10200
    Loans to buy plant or machinery
  15. SAIM10210
    Interest in a close company
  16. SAIM10220
    Interest in a close company: 'eligibility requirements'
  17. SAIM10230
    Interest in a close company: 'full time working conditions'
  18. SAIM10240
    Interest in a close company: 'material interest conditions'
  19. SAIM10250
    Interest in a close company: recovery of capital
  20. SAIM10260
    Interest in a close company: 'capital recovery condition' : example
  21. SAIM10270
    Interest in an employee controlled-company
  22. SAIM10280
    Interest in a partnership: introduction
  23. SAIM10290
    Interest in a partnership: 'eligibility requirements'
  24. SAIM10300
    Interest in a partnership: film partnerships
  25. SAIM10310
    Interest in a partnership: recovery of capital
  26. SAIM10320
    Interest in a partnership: return of partnership capital
  27. SAIM10330
    Interest in a co-operative
  28. SAIM10340
    Continuity of relief on business successions
  29. SAIM10350
    Loan to pay inheritance tax