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Dear Sir
In questions Tippletine Co and Amberle Co the subsidy benefit is calculated differently.
Please clarify as for Tippletine they calculate benefit on the interest rate and the tax relief lost.
In Amberle they reuce the benefit step and instead use the equation for tax relief lost for benefit.
Thank you
In Tippletine they have taken the full interest benefit and then reduced by the tax on it at 30%.
In Amberle they have just taken the net 70% of the benefit.
It doesn’t matter which way you show it 🙂
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