{
  "url": "https://openlegislation.uk/taxation-international-and-other-provisions-act-2010/schedule-7A/paragraph-21",
  "json_url": "https://openlegislation.uk/taxation-international-and-other-provisions-act-2010/schedule-7A/paragraph-21.json",
  "legislation": "ukpga/2010/8",
  "legislation_title": "Taxation (International and Other Provisions) Act 2010",
  "legislation_url": "https://openlegislation.uk/taxation-international-and-other-provisions-act-2010",
  "path": "schedule/7A/paragraph/21",
  "kind": "paragraph",
  "number": "21",
  "heading": null,
  "text": "The statement of calculations required by paragraph 20(3)(d) to be included in a full interest restriction return must include the following information—\n(a) for each company that was a UK group company at any time during the return period—\n(i) the company's net tax-interest expense, or net tax-interest income, for the return period (see section 389);\n(ii) the company's tax-EBITDA for the return period (see section 406);\n(b) the aggregate net tax-interest expense, and aggregate net tax-interest income, of the group for the return period (see section 390);\n(c) the interest capacity of the group for the return period (see section 392);\n(d) the aggregate of interest allowances of the group for periods before the return period so far as they are available in the return period (see section 393);\n(e) the interest allowance of the group for the return period (see section 396);\n(f) the aggregate tax-EBITDA of the group for the return period (see section 405);\n(g) where the interest allowance is calculated using the fixed ratio method and that allowance is given by section 397(1)(b), the adjusted net group-interest expense of the group for the return period (see section 413);\n(h) where the interest allowance is calculated using the group ratio method—\n(i) the group ratio percentage (see section 399 or 401);\n(ii) the qualifying net group-interest expense of the group for the return period (see section 414);\n(iii) the group-EBITDA of the group for the return period (see section 416).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 7A inserted (with effect in accordance with Sch. 5 para. 25(1)(2) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 5 para. 2 (with Sch. 5 para. 28)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/8/schedule/7A/paragraph/21",
    "retrieved_at": "2026-10-29T09:10:17.008829+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}