Omprakash Hanwant

A company registered in England owns 100% of the shares of a subsidiary company in registered in Malta. The UK company receives a tax refund which is triggered from the the tax paid by the trading company. Is this tax refund taxable in the UK? Where does it need to be shown in the CT600. There is a scheme in Malta whereby the trading company pays tax in Malta, however 6/7 of the tax paid is refunded to the shareholder. In this case the shareholder is the UK Company, such that the UK company will receive a refund of taxes paid by the trading company. My expectation is that this tax refund is NOT taxable in the UK, however I want to be 100% certain, and also to know where this should be input on the CT600.