C2C1Part 2Employment income: charge to tax
Pt. 2 applied (E.W.S.) (31.3.2017) by The Equality Act 2010 (Specific Duties and Public Authorities) Regulations 2017 (S.I. 2017/353), reg. 1(1), Sch. 1 para. 4(3) (with reg. 2(4)(5))
Chapter 8F1Workers' services provided through intermediaries to small clients
Pt. 2 Ch. 8 heading substituted (6.4.2021 for the tax year 2021-22 and subsequent tax years) by Finance Act 2020 (c. 14), Sch. 1 paras. 2, 24 (with Sch. 1 paras. 30-34)
F2When a person qualifies as small for a tax year
Ss. 60A-60I and cross-headings inserted (6.4.2021 for the tax year 2021-22 and subsequent tax years) by Finance Act 2020 (c. 14), Sch. 1 paras. 5, 24 (with Sch. 1 paras. 30-34)
60BWhen a company qualifies as small for a tax year: joint ventures
1
This section applies when determining for the purposes of section 60A(3) whether the small companies regime applies to a company for a financial year in a case where—
a
at the end of the financial year the company is jointly controlled by two or more other persons, and
b
one or more of those other persons are undertakings (“the joint venturer undertakings”).
2
If the company is a parent company, the joint venturer undertakings are to be treated as members of the group headed by the company.
3
If the company is not a parent company, the company and the joint venturer undertakings are to be treated as constituting a group of which the company is the parent company.
4
In this section the expression “jointly controlled” is to be read in accordance with those provisions of international accounting standards which relate to joint ventures.
5
Expressions used in this section and in the Companies Act 2006 have the same meaning in this section as in that Act.
Pt. 2 applied (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 969(4)(a), 1329(1) (with Sch. 2 Pts. 1, 2)