Lifetime Loan interest rolled up at RPI
2 posts • Page 1 of 1
Lifetime Loan interest rolled up at RPI
by Nik on Thu Jan 26, 2012 8:44 pm
Loan made a good few years ago for life - repayment after death at Retail Price Indexation (not compound) - loan is secured - would like to view each year interest accrued as capital entitlement at the time (to keep indexation to 2008) - is using Marren v Ingles a possibility and seeing each year as an accrual? Until 2008 this was tax neutral. Now it seems it will cost!
- Nik
- Posts: 3
- Joined: Wed Jun 02, 2010 6:46 am
Re: Lifetime Loan interest rolled up at RPI
by mullet on Thu Jan 26, 2012 10:03 pm
Back to basics. Please state precisely:
1. What is the chargeable asset (and why)?
2. What/when is/was the chargeable occasion?
3. What are you seeking to achieve?
1. What is the chargeable asset (and why)?
2. What/when is/was the chargeable occasion?
3. What are you seeking to achieve?
- mullet
- Posts: 2790
- Joined: Fri Nov 06, 2009 9:26 am
2 posts • Page 1 of 1
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