Accrued Income from Interest (not received)

Should accrued interest not received from non-trading loan relationship be considered when calculating profits less deficits? The loan relationship is not between connected parties, company A is from UK (lender) and company B is from Brazil (borrower). Thanks,

Hi Fabricio,

Please refer to the CFM35810 - Loan relationships: connected parties: late interest: overview

Thank you.

I've read the link sent, but it seems that it only gives details where the loan relationship is between connected parties. Also, as I understand, it only gives details about how to proceed from the debtors perspective. In my case, as stated in the first message, the loan relationship is between unconnected parties. The general rule is that the interest received is taxable when accrued, but I would like to confirm if the lender should add the accrued interest into the corporation tax, considering the interest was not paid by the borrower? Thanks!

Hi,
Please refer to:
CFM41080: 'Deemed loan relationships;trade debts;releaes between unconnected companies, which includes examples.
Thank you