25 October 2013
Changes to corresponding adjustments will come into effect immediately
Following their recent consultation, HMRC have announced that the rules disallowing individuals from claiming corresponding adjustments in relation to transactions with companies will come into force from today (25 October).
HMRC have confirmed the changes will not impact amounts accruing before today and have also confirmed that interest accruing after today which is affected by the changes will be treated as a dividend.
Authors More informationDownloadsRegister your interest