S/E loan capital prior to business start.

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    dawnh
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    Hi,

    Hopefully a quick and straightforward one, but I'm not sure which way to go on it. We have a claim from someone who took over a self-employed business. Prior to the business start she borrowed some money from a relative to purchase the lease for the business. However, it sat in her personal account for several weeks before the purchase, during which time her HB claim was a standard claim.

    Can we disregard the capital? We know it was intended to be used for the business, but she wasn't technically self-employed at the point she had the money. Schedule 5 doesn't appear to cover this scenario.

    Any thoughts?

    Dawn

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