Home For accounting professionals General accounting discussion
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚

Loan Relationship Rules

HollysanHollysan Feels At HomeRegistered Posts: 68
Does anyone have experience of offsetting debit interest agains credit interest under the loan relationship rules (s. 302, CTA 2009)? I have never done this in practice but I gather that you use Box 28 of the full CT600 to claim relief for the full amount of interest as included in the net profit figure. But is that it? Is there anything else that you need to include?

If anyone has done this I would be grateful for any advice...


Sign In or Register to comment.