Step 1: Groups of interests



This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Decide whether you have one or more interests in the FLP during a notional accounting period.

If you acquired interests in the same FLP at different times during a notional accounting period, you must apply the deemed rate of return method separately for each interest for the period from when you acquired it. [section 585]

Last modified: 27 May 2005QC 17512