Really, because it is a benefit for the lender, not the business while you usually have to pay tax on Business Loan Protection premiums, the payout is typically received free from any tax
Really, because it is a benefit for the lender, not the business while you usually have to pay tax on Business Loan Protection premiums, the payout is typically received free from any tax Considering the fact that the insurance is certainly not theoretically for the main benefit of the company (instead it’s the loan provider [...]