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VATLP24300 | Option to tax anti-avoidance - funding and financing: what are funds?

From HM Revenue & Customs · VAT Land and Property

Under paragraph 14(4) the provision of funds includes but is not limited to:

  • a loan

  • guaranteeing a loan

  • share issues, etc

  • the provision of funds to acquire shares or securities, and

  • transferring assets as a result of which either the asset is used for the purposes of raising funds or the funding needed for the development is reduced.