Ryan Bebbington and Daniel Sladen (PKF-Francis Clark) provide a reference guide to the rules and highlights the key areas to consider for those advising SMEs
The corporate interest restriction rules have been around for more than two years now and it is easy to think that these rules affect only either large or multinational companies due to the pressing need of having to calculate the potential interest disallowance. However our experience shows that the impact of these rules also needs to be considered for companies which currently benefit from the £2m de minimis limit. This article provides a quick reference guide to the rules and highlights the key areas to consider for those advising SMEs.
Broadly there are two areas to focus on in order to ensure that companies are not subject to any restriction namely: the administrative...
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Ryan Bebbington and Daniel Sladen (PKF-Francis Clark) provide a reference guide to the rules and highlights the key areas to consider for those advising SMEs
The corporate interest restriction rules have been around for more than two years now and it is easy to think that these rules affect only either large or multinational companies due to the pressing need of having to calculate the potential interest disallowance. However our experience shows that the impact of these rules also needs to be considered for companies which currently benefit from the £2m de minimis limit. This article provides a quick reference guide to the rules and highlights the key areas to consider for those advising SMEs.
Broadly there are two areas to focus on in order to ensure that companies are not subject to any restriction namely: the administrative...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
