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Forum: Australia
Oct 8th 2002, 12:48 pm
Replies: 3
Views: 509
Posted By renth

Re: Taxation on Benefit of Interest Free Loan

Alan, thanks for you reply.

It's nothing to do with work but a trust set up by a wealthy relative. The trust loans us money as a mortgage for our house at a interest rate of zero percent. The...
Forum: Australia
Oct 8th 2002, 6:17 am
Replies: 3
Views: 509
Posted By renth

Taxation on Benefit of Interest Free Loan

If you are in the fortunate position of having an interest free loan from a Trust Company in the UK, there is no tax on the benefit (i.e. the interest you would have had to have paid on a similar...
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