Dear All,
Please can someone help with my colleague’s query of as we can’t find any authority.
** Does interest payable on Preference Shares qualify for Business Property Relief? I have established that the shares themselves will qualify but the shares carry an interest rate of 10%. I am unsure if the interest payment
will qualify but I can’t find anything to confirm this.**
Thank you,
Rebecca Broom
Associate Solicitor
Mowbray Woodwards
T: 01225
485723
F:
01225 445064