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Legislation
Finance Act 1989

Crossheading Interest

  • Section 46 Relief for interest.
  • Section 47 Close company loans: business expansion scheme.
  • Section 48 Close company loans: material interest.
  1. Interest
  2. Relief for interest.

Section 46 | Relief for interest.

From legislation.gov.uk

For the year 1989-90 the qualifying maximum defined in section 367(5) of the Taxes Act 1988 (limit on relief for interest on certain loans) shall be£30,000.

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