HMRC is changing the way that it will be receiving Corporate interest Restriction Returns and is introducing 4 new Application Programming Interfaces (API)
Corporate Interest Restriction (CIR) applies to corporate entities and aims to restrict a group’s deductions for interest expense and other financing costs for Corporation Tax purposes
Corporate Interest Restriction (CIR) legislation became effective from 1 April 2017 and applies to corporate entities. HMRC has developed an Application Programming Interface (API) for submitting Interest Restriction Returns (IRR) and for reporting company appointments and revocations. This will be available for use from June 2021.
This weeks Talking Points meetings are about Input tax recovery and Application Programming Interface (API) Strategy
HMRC's Application Programming Interface (API), Talking Points meeting will cover; how HMRC are working with the software industry, delivery of the API Platform and the pipeline of APIs. So, come and join us on Friday 18 August 2017 midday to 1pm.
