Policy paper

Anti-avoidance rule relating to certain non-derecognition liabilities

This measure is about introducing an anti-avoidance provision relating to certain non-derecognition liabilities.

• From: HM Revenue & Customs
• Published: 26 November 2025

Documents

Anti-avoidance rule in relation to non-derecognition liabilities

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Draft legislation

PDF, 80.4 KB, 2 pages

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Draft legislation (accessible version)

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Explanatory note

ODT, 13.4 KB

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Details

This measure introduces a new anti-avoidance provision relating to certain arrangements where there is a non-derecognition liability. 
 
This measure will take effect from 26 November 2025.

Published 26 November 2025