Introduction Background Note
43.These provisions are part of a wider review of certain parts of the partnership rules announced at Budget 2013.
44.A consultation document Partnerships: A review of two aspects of the tax rules was published on the GOV.UK website on 20 May 2013 and the consultation closed on     9 August 2013.
45.This element of the partnerships review measure is discussed in the consultation document under the headings: Partnerships with mixed membership – profits: Profit deferral and working capital arrangements.