Notional allowances and Notional amount: Difference between pages

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''UK Tax - capital allowances.''
The principal amount (for example in an interest rate swap, forward rate agreement, cap or floor) or each of the amounts (in a cross currency interest rate swap) to which interest rates are applied in order to calculate periodic payment obligations.


A reduction in the Tax written down value (TWDV) of an industrial building where it is not in industrial use at the year end.
 
Also known as ''notional principal'' or ''notional value''.




== See also ==
== See also ==
* [[Tax written down value]]
* [[Cap]]
* [[Industrial Buildings Allowance]]
* [[Currency swap]]
* [[Derivative]]
* [[Floor]]
* [[Forward rate agreement]]
* [[Interest rate swap]]
* [[Nominal]]


[[Category:Taxation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 07:57, 14 December 2019

The principal amount (for example in an interest rate swap, forward rate agreement, cap or floor) or each of the amounts (in a cross currency interest rate swap) to which interest rates are applied in order to calculate periodic payment obligations.


Also known as notional principal or notional value.


See also