Loans

Hi,

Hoping someone can provide a little guidance for a small accounting issue I have.

2

I refer here to interest free loans (repayable on demand) to family members (thus gratuitous) where the interest foregone is deemed to be a gift for IHT purposes (according to IHTM14317).

1

If I want to become a shareholder in a private company, do I have to buy the shares at their "market value"?

3

Did a thunderbolt strike near to the Pay Day Loan industry when Justin Welby threw down the gauntlet hinting that credit unions could put them out of business?

1

The government has extended its start-up loans scheme to those aged up to 30 with an additional £30m to the funding pot.

Hi

 

I thank you in advance for any replies I get. Here is the scenario that I'm having an issue with.

8

Your FICO score isn't a mysterious number drawn out of hat. Rather your FICO score is an exact algorithm based on your credit.

I act for a number of companies under common control, that, over the years, have built up loans that will probably never actually be paid.

Controversial payday loan firm Wonga has launched a new service offering finance to help small businessesman

3

 An individual has loaned money to a company and has decided to waive rights to interest annually.  There is an agreement for x% over base.  Previously the loan has been paid.

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