Company Taxation Manual - Recent changes to this Manual

Below are details of the amendments that were published on 20 September 2006 (see the update index for all updates).

SectionTitle and details of the update
ContentsHeading of CTM48000 changed from ‘Collective investment schemes’ to ‘Authorised investment funds’.
CTM09000Corporation Tax: charges on income: contents.
Page CTM09060 deleted from contents.
CTM09050Corporation Tax: charges on income: covenanted donations to charity.
Page deleted.
CTM09060Corporation Tax: charges on income: Gift Aid.
Comprehensively revised.
CTM40050Particular bodies: charities: contents.
Heading of CTM40065 changed.
CTM40060Particular bodies: charities: trading.
Reduced to refer readers to HMRC Charities.
CTM40065Particular bodies: charities: 'profit shedding' by Gift Aid.
Comprehensively revised.
CTM48000Authorised investment funds (AIFs): contents.
New table of contents replacing former Collective investment schemes table of contents.
CTM48100Collective investment schemes: general.
New chapter.
CTM48200AIFs: taxation of funds.
New chapter.
CTM48400AIFs: general.
New chapter.
CTM48500AIFs: taxation of participants (investors) within the charge to CT.
New chapter.
CTM48550AIFs: taxation of participants (investors) within the charge to IT.
New chapter.
CTM48600AIFs: gross payment of interest distributions.
New chapter.
CTM48700AIFs: qualified investor schemes.
New chapter.
CTM80000Groups & consortia: contents.
Addition of new chapter CTM81500 to table of contents.
CTM80100Groups: group relief: contents.
Headings of pages CTM80305/10/15/20/25/40/45/50/55/60/65 changed. Those pages, plus others throughout the chapter, none of which are listed individually below, have had all ‘branch or agency’ references changed to ‘permanent establishment’.
CTM80105Groups: group relief: outline.
Addition of new second bullet point.
CTM80115Groups: group relief: trading losses.
Substantially revised to allow for surrendering company resident in another European Economic Area.
CTM80142Groups: group relief: excess of charges etc. over other profits.
Addition of ‘(or in the case of ……..)’ at end of first paragraph.
CTM80143Groups: group relief: order of relief for amounts which can be surrendered.
Addition of (or in the case of ……..) at end of first paragraph.
CTM80150Groups: group relief: companies affected.
New third paragraph beginning ‘As from 1 April 2006……..’
CTM80300Groups: group relief: the international aspect: overview.
New final paragraph beginning ‘As from 1 April 2006……..’
CTM81500Groups: group relief: surrendering company not UK resident: contents.
New chapter.