Corporate Interest Restriction - Part 2

The changes to the rules regarding the reductions available for corporate interest relief introduced in Finance Act (no. 2) 2017 were the most far reaching changes for many years. The seminars look at the effect of these changes, which are designed to reduce the interest relief available to larger companies.

Part 2 looks at the more complex areas of CIR such as the calculations required if one is applying the worldwide group rules. Part 2 also looks at the practical aspect of finding the relevant information in order to file the returns. The course also looked at the practical impact in terms of the tax advisor/client relationships. Finally there is a review of some of the special areas such as for companies and businesses involved in the financing of public infrastructure projects.