Can anyone help with where I declare interest earned on a loan on my tax return?

WhatFreshHellIsthis

My partner and I have made a loan TO his company, on which we earn interest. We had already paid the tax on the interest earned for the tax year 2010-2011, but I need to declare it on our tax returns.

Can anyone tell me where on the return it goes? It's not a dividend, but nor is it interest earned from banks and building societies, so I'm stumped.

Also, my partner gets paid in salary and dividends every month. I have declared his salary in the income section, but where do his dividends go - is it in the section where I put all the other dividends from listed companies?

Thanks for any advice!

agrinnall

I don't know about the interest as I've never had that myself, but the dividends are indeed treated the same as dividends from other companies.

BoGoF

Put in the interest from UK banks, building societys, etc section

WhatFreshHellIsthis

Thank you! Have done the dividends bit, and the HMRC helpline tells me that the loan interest goes in the Other Income section. I didn't realise you have to tick the Other Income box at the Tailor Your Return stage, otherwise you don't get to see that page.

Phew.

Thanks!