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Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
In my opinion no. You have paid a commercial rate in interest on the short term loan so there is no benefit in kind. The interest paid by you will be taxed in the company's annual tax return in the normal manner.
I do hope that I have been able to set your mind at rest on this matter.
It appears to be the manner in which the loan provider operates, but the principle is the same and is acceptable as before.
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Thank you for your support.