Business Investment Relief Enquiry

Currently, we have a UK Limited company registered in 3 years ago and running for 3 years already, the directors has a oversea non-residential property, there would be capital gain tax if the director sell the oversea non-residential property. Accordingly to the Business Investment Relief, if the director loan the fund(from the sale of non-residential property) to the UK limited company, and the UK limited company utilize the fund to purchase the buy to let property as investment. I have read the terms about Business Investment Relief, if there is the case, there will not be capital gain tax charged to directors as the director loan the fund to the uk limited company and the uk limited company invest the fund in UK, is it correct?

Hi Mor Sai,
Please refer to guidance here:
HS296 Capital Gains Tax and Debts (2023)
Thank you.