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  • 1,500+ Business Documents - Claim for a capital loss for repayment of a loan as guarantor
    Claim for payment under a guaranteeOne way of helping a growing business is to act as guarantor to its loan finance. If things don't turn out as planned and you are called upon to make good some or all of the loan, you may be able to make a claim to treat this as a capital loss.Capital losses - payment under a guaranteeRather than lending it money, you may have helped a business by giving a guarantee on a business loan. For example, if you're a company director you may have had to give personal guarantees in...
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