Post by faraday815 on Mar 22, 2020 22:39:58 GMT
Hi,
This may be a silly question though I'm hoping for some clarification. While filing self-assessment for 2018-19, I listed all the interest income from Lendy as per the tax statements available on the website. This is despite a lot more than the interest amount still being locked away in non performing loans, and a definite loss from those coming up. Still - only a loss on paper, nothing yet realised.
Is this the correct process, or was there some sort of claim I could have made against the loans locked away, in order to reduce tax liability?
Thank you.
This may be a silly question though I'm hoping for some clarification. While filing self-assessment for 2018-19, I listed all the interest income from Lendy as per the tax statements available on the website. This is despite a lot more than the interest amount still being locked away in non performing loans, and a definite loss from those coming up. Still - only a loss on paper, nothing yet realised.
Is this the correct process, or was there some sort of claim I could have made against the loans locked away, in order to reduce tax liability?
Thank you.
