Portive.
Most writing on investment tax is for individuals. This is the corner that isn't. We write about how UK companies pay tax on their investments — chargeable gains and the s.104 pool, loan relationships, dividend exemption, FRS 102 fair value and FX. We ground every claim in the legislation and HMRC manuals; sources are listed.
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Surplus cash in a trading company: how investment returns are taxed alongside the trade
A trading company's portfolio sits inside the same four CT regimes as a FIC. What changes: the management-expenses route and the characterisation boundary.
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FIC, HoldCo, SPV: the same legal form put to different uses
FIC, HoldCo and SPV are not different kinds of company. They are private companies limited by shares — one legal form, one tax regime, different jobs.
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Your company has cash sitting in the current account. What the UK tax system is doing about that.
Idle cash in a UK company is not tax-neutral. Bank interest, MMFs and foreign-currency cash all carry tax consequences most owners don't see until someone walks them through it.
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Investment company or trading company: which are you for tax, and why it matters
The UK tax code makes a per-period determination for every company: investment business or trading? Three downstream consequences turn on the answer.
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Fair value moves, the tax doesn't: the FRS 102 vs corporation-tax reconciliation every investment company needs
FRS 102 measures most investments at fair value through profit or loss; corporation tax ignores that movement for chargeable assets until disposal. Here is why.
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The dividend exemption: when UK companies pay no tax on dividends received, and when they do
How CTA 2009 Part 9A's charge-then-exemption mechanism works for UK companies — the small-company route, the Chapter 3 classes, foreign withholding tax and REIT PIDs.
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Loan relationships: how UK companies are taxed on bonds and gilts
The loan-relationships regime in CTA 2009 Part 5 is the only tax regime for company-held bonds and gilts — what it is, how it works, and why it matters.
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The s.104 pool: how UK companies are taxed on listed-share disposals
How the s.104 pool works for UK companies selling listed shares: matching order, pool maintenance, indexation freeze and the rules that differ from personal CGT.
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FX in a UK investment company: the monetary/non-monetary fork that decides everything
How foreign-currency investments are taxed in a UK company turns on one classification: monetary items are retranslated each period; non-monetary items are not.