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Part 3 Simplified calculations for non-material members of groupF1

  1. 8Election in respect of non-material members
  2. 9“Non-material member”
  3. 10Accounting conditions
  4. 11Routine profits test
  5. 12De minimis test
  6. 13Effective tax rate test
  7. 14Interpretation etc
  8. 15Interpretation etc

Annotations

Textual amendments

F1

Sch. 16A Pt. 3 inserted (with effect in accordance with Sch. 8 para. 53(5)-(13) of the amending Act) by Finance Act 2026 (c. 11), Sch. 8 paras. 39, 53(5)-(13)

Notes on Schedule 16A

Textual amendments

F1

Sch. 16A inserted (with effect for accounting periods beginning on or after 31.12.2023 in accordance with Sch. 12 para. 1(2) of the amending Act) by Finance Act 2024 (c. 3), Sch. 12 para. 41(1)