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some tax advisers would argue yes, because most LOCs are transactional and therefore maximise nexus between spending and borrowing. Also, for some the capitalisation of interest is worthwhile ta rolf

Create a new clean transaction acct that has only borrowed money in it. Write cheque from that account . It's your personal suspense account. Seek specific tax advice Ta R

Loc isn't usually required for tax purposes if the rest of the deal is put together the right way Ta Rolf