- Business investors can select the appropriate dates to coincide with their year end and accounting period in the My Statements section of My Account.
- You should provide the Annual Income Statement to your accountant to include in your accounts.
- Business are required to account for interest receipts on a receivable basis. Accordingly, apportionments of the amounts actually received may be required for accounting purposes.
- Transfers of loans may give rise to profits or losses under the Loan Relationship rules. This is an area which may require specialist tax advice.
Have more questions? Submit a request