Recharacterisation of certain transactions - Terminating provisions
FZ 9: Transfers of trading stock to non-associates, donee organisations, or public authorities
You could also call this:
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Rules for giving trading stock to certain groups (no longer in effect)
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This section of the law is no longer in effect. It used to be about moving trading stock to people or groups that aren’t business partners, organisations that receive donations, or government agencies. The rule was called ‘Transfers of trading stock to non-associates, donee organisations, or public authorities’. It was part of a bigger set of rules about changing how certain business deals are seen by the tax system. This rule was taken out of the law on 1 April 2024, so it doesn’t apply anymore.
