justintime
4th June 2010, 10:21
Is it possible to claim credit card interest on a liegitimate business expense, where the payment has been made on a personal credit card.
For instance I purchase something for £2000 on my card for something used in the business and pay it back over 6 months using business income.
Obviously interest would have accrued as a result. If it is possible where would I show this in the books?
For instance I purchase something for £2000 on my card for something used in the business and pay it back over 6 months using business income.
Obviously interest would have accrued as a result. If it is possible where would I show this in the books?