2 ms·
As per OECD recommendations (and this was enacted into law in 2017 by the UK) the deduction of interest expenses is limited up to 30% of corporate EBITDA (above
by charlesdm 8y ago
As per OECD recommendations (and this was enacted into law in 2017 by the UK) the deduction of interest expenses is limited up to 30% of corporate EBITDA (above a £2m de minimis).
While that allows for some tax avoidance, in the grand scheme of things it does not allow for a lot.