Loan relationship income: Difference between revisions
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imported>Doug Williamson (NEW ENTRY - Align with The Treasurer, Qualifications feature, December 2014) |
imported>Doug Williamson m (Added category) |
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* [[Non-trading loan]] | * [[Non-trading loan]] | ||
* [[Taxable profits]] | * [[Taxable profits]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 11:51, 18 October 2014
UK tax.
Loan relationship income includes all credits arising from a non-trading loan relationship.
Credits include all profits and gains, for example interest income.
Loan relationship income is taxed on an accruals basis.
