Corporate Interest Restriction Return - Application Programming Interface (API) Launch
![HMRC sign on a wall](https://taxagents.blog.gov.uk/wp-content/uploads/sites/51/2014/02/HMRC-sign-620x413.jpg)
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