Green savings bond and Gross interest: Difference between pages
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imported>Doug Williamson (Create page. Source: NS&I https://www.nsandi.com/green-saving) |
imported>Doug Williamson m (Spacing 27/8/13) |
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1. | |||
''Tax.'' | |||
Interest stated before offsetting tax effects, if any. | |||
In this sense, ''gross interest receivable'' means interest receivable stated before deducting any tax payable thereon. | |||
In this context, ''gross interest payable'' means interest payable stated before offsetting any tax relief enjoyed on the interest expense. | |||
2. | |||
Interest (usually) payable, stated before deducting other interest (usually) receivable in the same period. | |||
== See also == | |||
* [[Interest]] | |||
* [[Net interest]] | |||
[[ | |||
[[ |
Revision as of 11:34, 27 August 2013
1.
Tax.
Interest stated before offsetting tax effects, if any.
In this sense, gross interest receivable means interest receivable stated before deducting any tax payable thereon.
In this context, gross interest payable means interest payable stated before offsetting any tax relief enjoyed on the interest expense.
2.
Interest (usually) payable, stated before deducting other interest (usually) receivable in the same period.