Loan Agreement
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Description
Experience Level: Expert
Requirements
1) Create simple loan agreement between myself and bother and sister for loan amount (£66/k each).
a. Interest payable is 2% and changeable at start of the year.
b. Loan agreement to be signed by both parties independently (as one is in the UK and the other travelling abroad).
c. To be created in the most tax efficient manner, so any principle/interest does not significantly impact my annual tax return.
2) Help with completing the charge agreement (RX) at Land Registry. I can do this, but need advice on Which form to complete.
Please revert back if you have any questions or would like any additional information.
1) Create simple loan agreement between myself and bother and sister for loan amount (£66/k each).
a. Interest payable is 2% and changeable at start of the year.
b. Loan agreement to be signed by both parties independently (as one is in the UK and the other travelling abroad).
c. To be created in the most tax efficient manner, so any principle/interest does not significantly impact my annual tax return.
2) Help with completing the charge agreement (RX) at Land Registry. I can do this, but need advice on Which form to complete.
Please revert back if you have any questions or would like any additional information.
PPH User P.
0% (0)Projects Completed
3
Freelancers worked with
3
Projects awarded
10%
Last project
20 Jul 2018
United Kingdom
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