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Question 1 of 7
1. Question
- Which tax year saw the full implementation of the tax changes that affect how much mortgage interest can be deducted from rental income profit?
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Question 2 of 7
2. Question
Mortgage Interest Relief is a tax credit which can help reduce the amount of income tax that needs to be paid on rental income?
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Question 3 of 7
3. Question
Banks are more likely to lend to Special Purpose Vehicle companies than trading companies because they are easier to understand?
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Question 4 of 7
4. Question
A single option agreement can be used in situations where a business owner has taken out a critical illness protection policy?
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Question 5 of 7
5. Question
If a shareholding Director provides a Directors Loan to the business; if the Director dies, when is the Directors Loan repayable?
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Question 6 of 7
6. Question
If a cross option agreement is used with a business protection life policy, which parties have an ‘option’?
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Question 7 of 7
7. Question
Relevant life protection cover can be taken out through a Special Purpose Vehicle company?
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