TaxGuided
United Kingdom CTA sections

Statute section

CTA section 439

Corporation Tax Act 2010 s.439 - Close company definition

Country

United Kingdom

Section

439

Updated

2026-05-20

Operative text

Corporation Tax Act 2010 section 439 defines a close company as a company under the control of five or fewer participators, or any number of participators who are also directors. Close-company status triggers a range of consequences including the loans-to-participators rules under CTA 2010 section 455.

Cross-references

CTA 2010 s.455

Primary sources

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.