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Hope so having a good day there.I want to know either following statement highlighting qualifying interest as deductible or not?
Shazia paid interest of £3,000 on a loan to contribute capital into a partnership of which she is a partner.
And please write down Adjusted Net Income ( ANI ) formula seperately.
Thanks in Advance.
The answers to both of these questions are clearly available within chapter 2 of your OT notes!