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Amberle Co (Dec 2018)

This topic has 1 reply, 2 voices, and was last updated 1 year ago by John Moffat.

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September 2, 2023 at 7:36 am #691166
nurazman
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How to know whether the amount of loan given is net amount or gross amount ?
September 2, 2023 at 8:23 am #691172
John Moffat
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The amount of the loan is the actual amount raised – there is no such thing here as net or gross.
It is the interest not the loan that will give rise to tax savings, and the interest quoted is the coupon rate which is always the actual interest before any tax saving.
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