Thursday 26 January 2017

UK: Finance Bill 2017 - corporate interest and relief for carry forward losses

Draft legislation, part of the Finance Bill 2017, has been published in respect of the Government's proposals to introduce restrictions on [1] the amount of interest (and other financing amounts) that companies can deduct when calculating their profits for corporation tax purposes; and [2] the availability of relief for losses carried forward. For further information see, respectively, here and here.

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