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Contents

Official guidance
Partnership Manual

PM213000 · Mixed member rules

  • PM214000 · Overview
  • PM216000 · Who is a non-individual partner
  • PM217000 · When do the rules apply?
  • PM218000 · Condition X
  • PM219000 · Condition Y
  • PM220000 · Appropriate notional profit
  • PM221000 · The appropriate notional return on capital
  • PM222000 · The appropriate notional consideration for services
  • PM223000 · The appropriate notional consideration for services: restriction
  • PM224000 · The power to enjoy
  • PM225000 · Connected parties
  • PM226000 · Arrangements to secure corporation tax rather than income tax treatment
  • PM227000 · Enjoyment Conditions
  • PM228000 · Is the profit share influenced by the power to enjoy?
  • PM229000 · Relevant tax amount
  • PM230000 · Reallocations: Individuals
  • PM231000 · Reallocations: Non-individuals
  • PM232000 · Payments by the non-individual out of its reallocated profit share
  • PM233000 · Interaction with AIFM deferral arrangements
  • PM234000 · Anti-avoidance
  • PM235000 · Other related guidance
  • PM236000 · Businesses transferred to the partnership
  • PM237000 · Businesses transferred to the partnership: Examples
  • PM238000 · Takeover of the LLP
  • PM239000 · Private equity investment
  • PM240000 · Share issues
  • PM241000 · Pseudo share schemes/membership benefit schemes
  • PM242000 · International structures
  • PM243000 · Commencement
  • PM244000 · Excess loss allocation rules
  • PM245000 · When do the restrictions apply?
  • PM246000 · The effect of the restrictions?
  • PM247000 · Transitional provisions
  • PM248000 · Close companies: loans to participators and arrangements conferring benefit on participator
  1. Mixed member rules: contents
  2. Close companies: loans to participators and arrangements conferring benefit on participator

PM248000 | Close companies: loans to participators and arrangements conferring benefit on participator

From HM Revenue & Customs · Partnership Manual

Where it is found that both S455/464A CTA 2010 and the mixed membership rules at s850C ITTOIA 2005 apply, please see PM211400 for more detail.

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