The corporate interest restriction rules are complicated and there are areas that need to be considered by SMEs and more specifically companies which are not actually subject to an interest restriction in the current year. There is a potential benefit for companies that are not subject to any current disallowance from appointing a reporting company and filling an interest restriction return in order to benefit from increased interest allowance in future years.
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The corporate interest restriction rules are complicated and there are areas that need to be considered by SMEs and more specifically companies which are not actually subject to an interest restriction in the current year. There is a potential benefit for companies that are not subject to any current disallowance from appointing a reporting company and filling an interest restriction return in order to benefit from increased interest allowance in future years.
If you are not a subscriber, subscribe now to read this content.
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