Call for comments on draft UK Endorsement Criteria Assessment: Covid-19-Related Rent Concessions beyond 30 June 2021 (Amendment to IFRS 16)
19 April 2021 (4 years ago)
The UKEB secretariat has published a draft UK Endorsement Criteria Assessment on the IASB’s amendment Covid-19-Related Rent Concessions beyond 30 June 2021 (Amendment to IFRS 16) (the March 2021 Amendment).
- The UKEB secretariat welcomes stakeholders’ views to inform its recommendation to the BEIS Secretary of State to adopt the Amendment in the UK.
- The Invitation to Comment can be accessed with the associated Your Details document.
- The draft UK Endorsement Criteria Assessment can be accessed.
- Please respond no later than close of business on Wednesday 5 May 2021 to [email protected]
- The March 2021 Amendment only extends the availability of the optional practical expedient by a year—from payments due on or before 30 June 2021—to payments due on or before 30 June 2022. The practical expedient is conditional on the conditions set out in the May 2020 Amendments being met
- The unaccompanied Amendment Covid-19-Related Rent Concessions beyond 30 June 2021 (Amendment to IFRS 16) can be found on the IASB’s website.
For more information on the UK Endorsement Board secretariat’s approach to this project, please see our website.