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by whatusername 5621 days ago
Moral Dilemma? It seems a logical way of treating it.

The additional income is treated as taxable income. The additional expense (aka Interest) is treated as a deductible expense.

1 comments

1. It's deducted against personal income. 2. Nobody is allowed to do it on their own home
So is a company car if you're a sole trader... But I can't write off my normal car.

It's relatively consistent.