Gross interest on company savings

edited 30 November -1 at 1:00AM in Cutting Tax
4 replies 9K views
NazitfNazitf Forumite
140 Posts
edited 30 November -1 at 1:00AM in Cutting Tax
Please can someone confirm if gross interest can be paid on a limited companies profits. It would seem logical that this should be allowed since a limited company does not have a "tax free allowance".

Does this interest need to be declared to HMRC?

Thanks

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