APVForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › APVThis topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 19, 2019 at 8:12 pm #516472 mjibolaParticipantTopics: 131Replies: 135☆☆☆In APV, if we’re told that interest is not allowable for tax purposes, then obviously we don’t get annual tax shield benefits.But we would only get 100% of the subsidy benefits, wouldn’t we? May 20, 2019 at 6:37 am #516504 John MoffatKeymasterTopics: 57Replies: 54500☆☆☆☆☆If there was no tax then yes, you would get all the subsidy benefit. However, I can’t imagine there ever being a question where either there is no tax, or where there is tax but the interest is not tax allowable.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In