Search results

  1. DaleGG

    Limit to Tax deductable borrowings

    Reply: 1.1.1.1.1.1.1.1.1 From: Dale Gatherum-Goss Hi Sim! No problems, I too learn from this forum and the people kind enough to give of their knowledge and time. I hope to have a beer with you at the pub crawl! Dale
  2. DaleGG

    Limit to Tax deductable borrowings

    Reply: 1.1.1.1.1.1 From: Dale Gatherum-Goss HI Sim! I'm not so sure about that. If there is a commercial reason for doing so, then you should be able to claim a tax deduction for the interest on the total borrowing so long as the funds are used for an income producing purpose. So, if I...
Back
Top