# Income Tax Act 2007, Section 404: Eligibility requirements for interest on loans within section 403


Interest on a loan within section 403(1) is eligible for relief only so far as it is paid in respect of a period ending within 12 months from the making of the loan used as mentioned in section 403(1)(a).

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/404 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-404
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.