Q&A

Answer a question




01 December 2012

I have £30000 that I can afford to lend my son to help with deposit on a first home, but may need it back later on.

Can I lend it to him interest free, or do I have to have a loan agreement with him in order to claim it back later on? Are there tax implications?

  • REPORT This comment has been reported.

5 Answers

Answers


Be the first to comment

Do you want to comment on this article? You need to be signed in for this feature

Similar Questions


Be the first to ask a question

  • {{ question.title }}

    {{ question.authorName }} On

    {{ question.answerCount }} Answers

Copyright © lovemoney.com All rights reserved.