Policy paper

Corporate interest restriction - updated legislation

This clause introduces a restriction on the amount of interest and other financing amounts that a company may deduct in computing its profits for Corporation Tax purposes.

• From: HM Treasury and HM Revenue & Customs
• Published: 13 July 2017

This was published under the 2016 to 2019 May Conservative government

Documents

Corporate interest restriction - updated legislation

PDF, 637 KB, 159 pages

Explanatory note for corporate interest restriction

PDF, 412 KB, 39 pages

Details

The government has published updated legislation for the corporate interest restriction.

Further supporting documents, including tax information and impact notes can be found on the Spring Budget 2017: tax related documents page.

Any technical queries should be sent to email:
interest-restriction.mailbox@hmrc.gsi.gov.uk.

Published 13 July 2017