Draft Finance Bill 2013
The Draft Legislation for The Finance Bill 2013 is to issued today (11th December 2012).
The legislation will contain changes to cut down on tax avoidance schemes (tax mismatch schemes) -where companies can reduce their corporation tax liability through the use of loans and other derivatives.
http://www.hm-treasury.gov.uk/d/fb2013_written_ministerial_statement_5_Dec.pdf