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Archive: May 2016

  1. Author: JP / / Latest News

    Interest Free Loans and the New Accounting Rules

    One of the areas where there may be a change in your company’s accounts is where you have received or made a loan that is interest free or at less than market rates. Unless the loan is repayable on demand the new accounting rules require the loan to be recorded in the accounts on an amortised cost basis.

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