Annual interest: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
imported>Doug Williamson
m (Add headers.)
Line 1: Line 1:
1.  
1. ''UK tax.''  
 
''UK tax.''  


Interest which was not short interest for UK tax purposes.
Interest which was not short interest for UK tax purposes.
Line 9: Line 7:




2.
2. ''Interest payable.''


Interest paid once per year.
Interest paid once per year.




3.
3. ''Interest total.''


The total amount of interest per year, including situations where the interest is paid with a different frequency than once per year.
The total amount of interest per year, including situations where the interest is paid with a different frequency than once per year.
Line 20: Line 18:


== See also ==
== See also ==
* [[Interest]]
* [[Short interest]]
* [[Short interest]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]

Revision as of 10:56, 25 March 2021

1. UK tax.

Interest which was not short interest for UK tax purposes. Among other criteria, the loan to which the interest relates had to be able to last more than one year.

This tax distinction was abolished with effect from 2006.


2. Interest payable.

Interest paid once per year.


3. Interest total.

The total amount of interest per year, including situations where the interest is paid with a different frequency than once per year.


See also