Draft Finance Bill 2013

12/11/2012 - 08:22

The Draft Legislation for The Finance Bill 2013 is to issued today (11th December 2012).

The legislation will contain changes to cut down on tax avoidance schemes (tax mismatch schemes) -where companies can reduce their corporation tax liability through the use of loans and other derivatives.

http://www.hm-treasury.gov.uk/d/fb2013_written_ministerial_statement_5_Dec.pdf