VDIM7020 - When to inhibit, amend or withdraw interest: Commercial restitution

This guidance deals with interest matters in respect of prescribed accounting periods starting on or before 31 December 2022. Interest matters with effect from 01 January 2023 are dealt with under Finance Act 2009.

Please see Compliance Handbook page CH140000 onwards to find the new interest rules guidance.

Inhibiting interest because the charge would not represent commercial restitution is the most common reason. For guidance on commercial restitution, see VDIM3000.