Section 455 repayment relief
How repayment, release, or write-off can create relief and when that relief becomes available.
How repayment, release, or write-off can create relief and when that relief becomes available.
Later repayment defers when relief is given
Reviewed · Current · Law · From 1 April 2010
9 months
If repayment, release, or write-off occurs on or after the original section 455 due date, relief cannot be given before nine months have ended after the accounting period containing that event.
Paying back the loan does not necessarily produce an immediate cash refund. HMRC's CTM61610 describes the same timing and the available claim routes.
Repayment, release, or write-off can create relief
Reviewed · Current · Law · From 1 April 2010
4 years
Section 458 gives relief from all or a proportionate part of the section 455 charge when the loan is repaid or the debt is released or written off, on a claim.
The claim limit is four years from the end of the financial year containing the repayment, release, or write-off. Separate borrower tax can arise on release or write-off.
Exceptions and branches
- Anti-avoidance rules can disregard temporary repayments or apply to other extraction arrangements.
Related concepts
Linked from
Sources
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Corporation Tax Act 2010, Chapter 3 — Section 458(4) and (5). Primary authority.
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CTM61610 — CTA 2010 section 458: date relief is due. Official guidance.
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Corporation Tax Act 2010, Chapter 3 — Section 458(1) to (3). Primary authority.
Knowledge version: sterling-knowledge@2026-09-11.7. Last checked 11 September 2026.