Share this content

Qualifying loan interest

Paid to friend

Didn't find your answer?

Search AccountingWEB

Client is paying a friend on an interest only basis for a £20k loan which has been introduced into his close company, is this still allowable as qualifying loan interest on his personal tax return despite the fact that the lender is not a bank/building society etc.?


Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.

Share this content