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So neither the original loan nor any of its repayments (except for the interest) need appear in the company tax return?
The reason that I ask is that on my form CT600 there is a box AC28 with the label "Interest receivable and similar income:" and the help text mentions "bank loans or deposits", yet there is no equivalent box for the repayments.
I had thought that maybe the £10,000 loan should appear somewhere as taxable income and the repayments as deductible expenses, but you are saying that these should not appear at all. Is that correct?
Thank you for your excellent support.
Good luck with the on line CT600! I have seen the advice from another highly regarded expert on Just Answer which was to fudge it!