New draft regs amending the 2004 disregard regulations and the change of accounting practice regulations are published for technical consultation.
HMRC has released three draft regulations amending the treatment of corporate loan relationships and derivative contracts. HMRC is consulting on these, seeking responses on whether the draft legislation addressing accounting changes which are due to come into force from January 2015. Responses must be received by 12 September 2014. See www.bit.ly/1AAfsnS.
New draft regs amending the 2004 disregard regulations and the change of accounting practice regulations are published for technical consultation.
HMRC has released three draft regulations amending the treatment of corporate loan relationships and derivative contracts. HMRC is consulting on these, seeking responses on whether the draft legislation addressing accounting changes which are due to come into force from January 2015. Responses must be received by 12 September 2014. See www.bit.ly/1AAfsnS.
