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does interest paid on a loan offer tax relief in business..

Posted 12 November 2014

does interest paid on a loan offer tax relief in business..

TaxTim says:
12 November 2014 at 21:51

Yes, if the loan relates to the business and is in the business' name then you can deduct the interest.

This entry was posted in Tax Q&A and tagged Deductions, Rental Income, Penalties. Bookmark the permalink.

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