TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Paying Tax Deducted from Interest Paid by Funding Bond

HMRC have issued Revenue & Customs Brief 26/08 which deals with guidance on how to pay the tax deducted from interest that has been paid by funding bonds.

Revised guidance on funding bonds will be issued at a later date but in the meantime the page from the new guidance explains how to pay the tax deducted from interest that has been paid by funding bond.

Further details are available at http://www.hmrc.gov.uk/briefs/company-tax/brief2608.htm