beta This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

Capital Gains Manual

Groups: indexation allowance restriction: not redeemable preference shares

The definition of `linked company funded subscription’ in TCGA92/S183 (4) refers to finance provided `directly or indirectly’. This covers the possibility that there may be several layers of share subscriptions in linked companies between the linked company subscription-financing loan and the acquisition of the shares in the target company. The phrase `directly or indirectly’ does not extend the scope of the provisions to loans or subscriptions routed through unconnected third parties.