Article Database - Topic: 'Loans' - Keyword: 'Bank'

Tax deduction for overdraft interest Publication date: 14.12.2011
Article database » Income tax » Relief
In a recent case the tribunal had to decide whether overdraft interest paid by two directors to fund their business could be claimed against their tax bills. What was the outcome?
When the bank is too expensive Publication date: 01.03.2007
Article database » Corporation tax » Relief
The loan offer from your company’s bank seems expensive. However, you can personally raise some cheaper finance for your business. How can you make sure you get a tax deduction for any interest paid on this loan?

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Last updated: 31.07.2020

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