- This topic has 3 replies, 2 voices, and was last updated 5 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
Hello sir,
Can you explain the calculation for subsidy benefit of Amberle and Tippletine?
And why did Tippletine has subsidy tax relief lost?
Thank you ?The subsidised interest rate is 2.5% – 0.3% = 2.2%.
The normal interest rate is 5%.
Therefore the benefit of the subsidy is 5 – 2.2 = 2.8%They will only get the tax relief on the interest paid and so they are losing tax relief on the amount of the subsidy.
Viewing 4 posts - 1 through 4 (of 4 total)
- The topic ‘Subsidy benefit Amberle and Tippletine’ is closed to new replies.