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Finance Act 2014

Example 2:

33.A contract agreed between a CASC controlled company and a CASC member provides for two supplies for a total figure of £100,000.  An arm’s length transaction would have cost £25,000 for each supply. It is impossible to know how the £100,000 is allocated to each supply in this case, therefore the whole of the £100,000 will be treated as Inflated Member Related Expenditure.

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