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Qualifying Loan Interest is an important UK income tax concept that allows individuals to claim tax relief on interest paid on loans used for specific business and investment purposes. This topic explains what qualifying loan interest is, the qualifying purposes, who can claim the relief, and how the interest is set off against non-savings, savings, and dividend income. It also covers key exam traps, restrictions, interaction with personal allowance and savings nil-rate band, and why qualifying loan interest cannot create a tax refund. Ideal for ACCA TX / ATX students, UK tax practitioners, and accounting professionals. 📌 Watch till the end to fully understand the high-income trap and avoid costly errors in exams and practice. If you find this helpful, like, share, and subscribe for more UK Tax & ACCA content explained from first principles. 🔗 Join our WhatsApp Community https://chat.whatsapp.com/EwWKpTRfMcT... 🔗 Follow us on LinkedIn / ace-acca