Corporate rescue reliefs applying from Royal Assent | KPMG | UK

Corporate rescue reliefs applying from Royal Assent

Corporate rescue reliefs applying from Royal Assent

The Finance Bill includes two previously announced corporate rescue reliefs, applying with effect from Royal Assent, which are being introduced to help with the restructuring of borrowings, on a consensual basis, of companies which are in financial difficulty.

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Corporate rescue reliefs applying from Royal Assent

The timing of when the reliefs become effective has been deferred and technical changes have been made to exclude certain profits.

 
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