Annual interest: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson (Update to UK Tax annual interest, tax rule no longer in force.) |
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1. ''UK Tax.'' | 1. ''UK Tax.'' | ||
Interest which | Interest which was not short interest for UK tax purposes. | ||
Among other criteria, the loan to which the interest relates | 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. | 2. | ||
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== See also == | == See also == | ||
* [[Short interest]] | * [[Short interest]] | ||
[[Category:Taxation]] | |||
Revision as of 20:37, 27 July 2013
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 paid once per year.
3. The total amount of interest per year, including situations where the interest is paid with a different frequency than once per year.
