Loan interest Relief

Posted by madhumorjaria PM | on Wed, 18/01/2012 - 15:46 708 1 comment | report

A client (without consulting us!) went out and bought business Goodwill, F & F and Leasehold prenmises and started trading as a Limited Company.

The Loan is the personal names of the two directors.

How can they claim interest relief on this loan? Can they claim it on the Ltd Co ? If not, how and where do they claim this on their personal Tax Return?

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Additional Info pages

Brugesbear | Wed, 18/01/2012 - 16:21