Skip to main content

beta This is a new service – your feedback will help us to improve it.

Wimbledon Debenture

Posted Mon, 11 Dec 2023 15:45:19 GMT by
Hi HMRC, I am considering buying a Wimbledon Debenture via my private limited company for £100,000. The debenture will be redeemed in 2025 when my company will receive the nominal value of £2,000. I understand that for individuals the debenture is treated as a qualifying corporate bond for capital gains tax. Please can you confirm that the debenture will be dealt with under the loan relationship rules for corporation tax purposes? Thanks.
HMRC Admin 25 Response
Posted Fri, 15 Dec 2023 12:13:15 GMT by HMRC Admin 25 Response
Hi DJC,
You can find HMRC guidance on Loan relationships with reference to Debentures  here:
CFM30150 - Loan relationships: a short guide: examples of loan relationships
If the information contained in this manual does not answer your questions, please write to Business, Tax and Customs, HMRC, BX9 1AX.
Thank you. 

You must be signed in to post in this forum.