SI 2022/572 The Alternative Finance (Income Tax, Capital Gains Tax and Corporation Tax) Order 2022

Published on: 25 May 2022

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Specialist Tax Statutory Instruments

Article summary

This Order widens the scope of tax legislation applying to alternative finance arrangements, specifically the purchase and resale arrangements and the diminishing shared ownership arrangements. The Order will allow both Home Purchase Plan providers that are not financial institutions but are regulated by the Financial Conduct Authority (FCA) and certain alternative finance arrangements facilitated through FCA-regulated peer-to-peer platforms to come within the scope of provisions for alternative finance arrangements.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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