Net interest: Difference between revisions
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imported>Doug Williamson m (Spacing 21/8/13) |
imported>Doug Williamson m (Category added 8/10/13) |
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== See also == | == See also == | ||
* [[Gross interest]] | * [[Gross interest]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Revision as of 09:14, 8 October 2013
1.
Tax.
Interest stated after offsetting tax effects, if any.
In this sense, net interest receivable means interest receivable stated after deducting any tax payable thereon.
In this context, net interest payable means interest payable stated after offsetting any tax relief enjoyed on the interest expense.
2.
Interest (usually) payable, stated after deducting other offsetting interest (usually) receivable in the same period.
