QCA Response to HMRC - Withholding Tax Exemption for Debt Traded on a Multilateral Trading Facility 

12th June 2017

Email a Friend

Our Tax Expert Group contributed to our response to HMRC's consultation on an exemption from withholding tax on interest for debt traded on Multilateral Trading Facilities (MTFs).

We welcomed HMRC's proposals as an important step in encouraging the development of MTFs in the UK and boosting their competitiveness with other jurisdictions already offering such an exemption. We noted that it would provide smaller companies with another source of raising affordable capital that can help fund their growth and development.

We commented that the proposals would level the fiscal playing field by offering an efficient admission to trading process. This would attract more issuers to UK MTFs. We added that the measure would also simplify the tax system and maintain the appropriate regulatory standards.

Click here to download our response (pdf)

Join Now

  • Gain access to investors
  • Benefit from our campaigns on key policy issues
  • Receive discounts on best practice guides
  • Connect with other members of the sector at our events
  • Stay ahead of the issues with up-to-date news and information
Join now


Newsround is the QCA's monthly newsletter produced for the small and mid-cap community.

Sign up