Loan relationships and derivatives: derecognition of income: Finance Bill clauses and HMRC guidance | Practical Law

Loan relationships and derivatives: derecognition of income: Finance Bill clauses and HMRC guidance | Practical Law

Revised draft legislation on derecognition of income from loan relationships and derivatives was published as part of the Finance Bill 2011 on 31 March 2011. This was followed by an HMRC note on the changes to the draft legislation, and draft HMRC guidance on the rules, on 4 April 2011.

Loan relationships and derivatives: derecognition of income: Finance Bill clauses and HMRC guidance

by PLC Tax
Published on 05 Apr 2011
Revised draft legislation on derecognition of income from loan relationships and derivatives was published as part of the Finance Bill 2011 on 31 March 2011. This was followed by an HMRC note on the changes to the draft legislation, and draft HMRC guidance on the rules, on 4 April 2011.