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Tax Deductions for Business Loans: What You Need to Know

Tax Deductions for Business Loans: What You Need to Know

Tax relief on qualifying loans can be a valuable tool for business owners. Qualifying interest deductions on loans taken out for business purposes can reduce an individuals’ tax burdens and better manage cash flow.

Where an individual takes out a loan to buy shares in a ‘close...

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Did You Pay Too Much Tax Last Year?

Did You Pay Too Much Tax Last Year?

Navigating the UK tax system can be complex, especially for individuals with multiple income sources, self-employment income, or investments. Many taxpayers either underpay or overpay tax due to incorrect tax codes or missed reliefs. This article provides a practical overview of...

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