Fiscally attractive to borrow money and borrow money from family to family or borrow. An interest-free loan may be the outcome. An interest-free loan can be provided by family. Since it is difficult for students to borrow money (student loan) family can help.
The money is lent at 0% interest, a contract must be made and it is intended to be the amount immediately due. Upon completion of the study, the loan gradually be waived or refunded.
Please note that the loan amount due is always and that this debt actually can be paid off if the tax is here to inquire.
A deed is usually sufficient, reporting to the Tax is recommended. Ask for advice there, as it is their job they know all the ins and outs and help you naturally happy.
Advantages
Since no money is paid, you do not have to pay gift taxes. The principle is that the loan is repaid and will be.
There is a debt in BOX 3. This can be advantageous in some cases.
Disadvantages
The amount borrowed must always be paid back. Quite difficult, because you just borrow money because you did not.
The provider of the loan will be charged with a so-called capital taxes while the money lent.
