Commentary

30 Tax relief for interest paid on loans to investors in a close company

BUSINESSES vol 4(2) start-up, sale and purchase
| Commentary

30 Tax relief for interest paid on loans to investors in a close company

| Commentary

30 Tax relief for interest paid on loans to investors in a close company

The tax regime provides incentives for parties who wish to invest in small businesses by allowing them to obtain income tax relief on any interest on loans they may take out to finance the investment. As well as applying to a loan taken out by an individual in order to finance the purchase of a share in a partnership or to lend to a partnership1, the relief also applies where the loan is taken out to invest in, or lend to, a company, although the

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