HMRC publishes amended draft guidance on hybrids and other mismatches

HMRC has published revised draft guidance in relation to the Hybrid and Other Mismatch rules, together with the outcome of the consultation which has informed their amendments.  

HMRC has stated that engagement with the respondents is ongoing to provide additional material before the guidance is finalised.

HMRC Hybrid and Other Mismatches - updated draft guidance (March 2017)

Consultation outcome: Hybrid and Other Mismatches - summary of substantive changes to guidance resulting from consultation responses