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Posted Mon, 01 Apr 2024 06:05:36 GMT by Raziul
Hi, I intend to open an LLP for investment purposes, where the main investment is the purchase and letting of property. I intend to fund part of my share in the partnership using a credit card wholly for the purpose for funding the partnership. I will maintain these records separately for scrutiny if needed. My question is will I be entitled to relief on the charges and interest incurred from using card against my tax liability? Thanks
Posted Fri, 05 Apr 2024 06:27:50 GMT by HMRC Admin 25 Response
Hi Raziul,
Please refer to:
Expenses if you're self-employed
Thank you. 

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