Loans to traders: There’s no guarantee!

The number of capital loss relief claims made in respect of irrecoverable loans to businesses and guarantee payments has seemingly increased significantly since the commencement of the financial crash in 2007/08. Does it qualify? The conditions for claiming capital loss relief on loans to traders are relatively well known. For example, the relief applies to […]

Loans to traders: There’s no guarantee!

The number of capital loss relief claims made in respect of irrecoverable loans to businesses and guarantee payments has seemingly increased significantly since the commencement of the financial crash in 2007/08. Does it qualify? The conditions for claiming capital loss relief on loans to traders are relatively well known. For example, the relief applies to […]