Portive — WritingNotes on how UK companies are taxed on investment income, FRS 102 accounting for investments, and the practical mechanics of running an investment portfolio well.https://www.portive.co.uken-gbSurplus cash in a trading company: how investment returns are taxed alongside the tradehttps://www.portive.co.uk/blog/surplus-cash-trading-companyhttps://www.portive.co.uk/blog/surplus-cash-trading-companyA trading company's portfolio sits inside the same four CT regimes as a FIC. What changes: the management-expenses route and the characterisation boundary.Mon, 29 Jun 2026 00:00:00 GMTtrading-companysurplus-cashinvestment-businesscta-1218bcta-1219cihcsmall-profits-ratecompany-taxPortiveFIC, HoldCo, SPV: the same legal form put to different useshttps://www.portive.co.uk/blog/fic-holdco-spv-same-legal-formhttps://www.portive.co.uk/blog/fic-holdco-spv-same-legal-formFIC, HoldCo and SPV are not different kinds of company. They are private companies limited by shares — one legal form, one tax regime, different jobs.Mon, 22 Jun 2026 00:00:00 GMTficfamily-investment-companyholding-companyspvinvestment-companycompanies-act-2006company-taxPortiveYour company has cash sitting in the current account. What the UK tax system is doing about that.https://www.portive.co.uk/blog/cash-in-uk-company-current-accounthttps://www.portive.co.uk/blog/cash-in-uk-company-current-accountIdle 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.Mon, 15 Jun 2026 00:00:00 GMTcompany-cashbank-interestloan-relationshipsmoney-market-fundsbond-fund-rulecta-2009owner-explainerPortiveInvestment company or trading company: which are you for tax, and why it mattershttps://www.portive.co.uk/blog/investment-company-vs-trading-companyhttps://www.portive.co.uk/blog/investment-company-vs-trading-companyThe UK tax code makes a per-period determination for every company: investment business or trading? Three downstream consequences turn on the answer.Mon, 08 Jun 2026 00:00:00 GMTinvestment-companytrading-companycihcmanagement-expensescta-2009cta-2010s1218bs18ncompany-taxPortiveFair value moves, the tax doesn't: the FRS 102 vs corporation-tax reconciliation every investment company needshttps://www.portive.co.uk/blog/frs102-vs-corporation-tax-reconciliationhttps://www.portive.co.uk/blog/frs102-vs-corporation-tax-reconciliationFRS 102 measures most investments at fair value through profit or loss; corporation tax ignores that movement for chargeable assets until disposal. Here is why.Mon, 18 May 2026 00:00:00 GMTfrs-102fair-valuecorporation-tax-reconciliationinvestment-companiesaccounting-vs-taxPortiveThe dividend exemption: when UK companies pay no tax on dividends received, and when they dohttps://www.portive.co.uk/blog/dividend-exemption-uk-companieshttps://www.portive.co.uk/blog/dividend-exemption-uk-companiesHow 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.Tue, 12 May 2026 00:00:00 GMTdividend-exemptioncta-2009-part-9aaugmented-profitswithholding-taxcorporation-taxinvestment-companiesPortiveLoan relationships: how UK companies are taxed on bonds and giltshttps://www.portive.co.uk/blog/loan-relationships-bonds-giltshttps://www.portive.co.uk/blog/loan-relationships-bonds-giltsThe 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.Wed, 06 May 2026 00:00:00 GMTloan-relationshipsbondsgiltscta-2009-part-5qcbinvestment-companiesPortiveThe s.104 pool: how UK companies are taxed on listed-share disposalshttps://www.portive.co.uk/blog/s104-pool-uk-companieshttps://www.portive.co.uk/blog/s104-pool-uk-companiesHow 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.Thu, 30 Apr 2026 00:00:00 GMTsection-104-poolshare-matchingchargeable-gainstcga-1992listed-equitiesinvestment-companiesPortiveFX in a UK investment company: the monetary/non-monetary fork that decides everythinghttps://www.portive.co.uk/blog/fx-monetary-non-monetary-forkhttps://www.portive.co.uk/blog/fx-monetary-non-monetary-forkHow foreign-currency investments are taxed in a UK company turns on one classification: monetary items are retranslated each period; non-monetary items are not.Tue, 21 Apr 2026 00:00:00 GMTfxmonetary-non-monetaryloan-relationshipschargeable-gainscta-2009investment-companiesPortive