Click on a letter below to find simple definitions to difficult tax terms.
A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, X, Y, Z,
Glossary: Q
Qualifying corporate bonds: These are issued by companies when they wish to raise capital. They are loans to the company which are repayable at or between set dates. Any profit on their sale is generally tax free.
Qualifying distributions: A company makes a qualifying distribution to its shareholders by paying a dividend or interest payment at more than the commercial rate. Tax is deducted from the payment.
Qualifying loans: A loan on which the interest you pay qualifies for tax relief. Only a limited number of loans qualify for tax relief, including loans for buying shares in, or lending money to, a close company, purchasing an interest in, or lending money to, a partnership, and purchasing machinery or plant for use in your employment or partnership.
