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Posted Wed, 30 Oct 2024 14:10:15 GMT by CBBenhams
Hi, I have a non resident company which owns a rental property in the UK - purchased in 2010. I took out a mortgage in Singapore against my main residence in 2015, I have been declaring the loan interest from this property on my UK corporation tax return (sort of like a directors loan but I don't have a director loan agreement in place), is this allowable? Can you point me to any official guidance Thanks
Posted Fri, 01 Nov 2024 10:45:16 GMT by HMRC Admin 21 Response
Hi,
HMRC cannot give tax planning advise, as it is self-assessed. 
This is the guidance on what would count as a director’s loan:
CTM61500 - Close companies: loans to participators and arrangements conferring benefit on participator: contents
If you need support, you may wish to speak a taxation advisor/accountant. 
 Thank you.

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