Interest on money borrowed to invest in a company
Posted by Angela Clarke | Filed under Accounting, Latest News, Start ups, Tax
Interest on money borrowed to invest in a company S248-S250 TCA 97
You are entitled to claim relief for interest on money borrowed to invest in:
1. A trading company or
2. A holding company which holds shares in a trading company.
You may invest the money by buying ordinary shares in the company, lending money to the [...]
Tags: bes, film relief, Income Tax, interest, invest in a company, loans, loans to a company, S248-S250 TCA 97