Guidance
Corporation Tax treatment of interest-free loans and other non-market loans
Draft guidance for inclusion in the Corporate Finance Manual as a result of recent changes in accounting standards.
Documents
Details
This document sets out draft guidance for inclusion in the Corporate Finance Manual on the corporate tax treatment of interest-free loans and other loans on non-market terms. This is particularly relevant as a result of the recent changes in accounting standards.
There are 2 overview papers on FRS 101 and FRS 102 which highlight the key tax considerations that arise for companies that transition from Old UK GAAP to the new standards.
Published 30 October 2015