Policy paper

Draft legislation: changes to the Change of Accounting Practice Regulations 2004

Draft legislation for a technical consultation on consequential amendments for the taxation of corporate debt and derivative contracts.

• From: HM Revenue & Customs
• Published: 4 October 2016

Documents

The Loan Relationships and Derivative Contracts (Change of Accounting Practice) Regulations 2016

PDF, 123 KB, 2 pages

Explanatory memorandum to the Loan Relationships and Derivative Contracts (Change of Accounting Practice) Regulations 2016

PDF, 125 KB, 3 pages

Details

HM Revenue and Customs has published draft regulations and a draft explanatory memorandum for a short period of technical consultation.

These provide for a consequential amendment from legislation introduced by Finance (No. 2) Act 2015 for the taxation of corporate debt and derivative contracts.

Please direct any comments on the drafts to richard.daniel@hmrc.gsi.gov.uk by 4 November 2016.

Published 4 October 2016