Interest free loans tax deductable

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Tatia
    New Member
    • Oct 2011
    • 7

    #1

    [Question] Interest free loans tax deductable

    Hello everyone

    If I give an employee an interest free loan of R2000 for his personal use, out of My company, will I be able to deduct this R2000 when calculating my company tax liability @ year end?
Working...