• Payment of Rolled-Up Interest -- UK Tax Update
  • June 2, 2009 | Authors: Keith Featherstone; Nick Thornton
  • Law Firm: Fried, Frank, Harris, Shriver & Jacobson (London) LLP - London Office
  • The UK's Finance Bill 2009 was published earlier this month, and (as trailed in previous consultations and draft legislation) we now know that the rules on so-called "late" payment of interest, and discounts, between connected companies are to be amended with effect for accounting periods beginning on or after 1 April 2009.