Price:
R195.50 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Wessel Smit
Duration:
30 Minutes
Additionals:
R195.50 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Wessel Smit
Duration:
30 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Interest Deductions
Meaning of interest
... in the production of income
Interest
Case law
Private assets as security
Interest must be incurred in carrying on a trade
Interest incurred on loans to acquire shares
Example
Interest incurred on debt to acquire shares in a controlled company
Interest incurred on loans to pay dividends
Draft
Interest paid on moneys borrowed
Expenditure incurs in the production of interest income
SAICA's comments on proposed amendment
Expenditure incurs in the production of interest income
Meaning of interest
... in the production of income
Interest
Case law
Private assets as security
Interest must be incurred in carrying on a trade
Interest incurred on loans to acquire shares
Example
Interest incurred on debt to acquire shares in a controlled company
Interest incurred on loans to pay dividends
Draft
Interest paid on moneys borrowed
Expenditure incurs in the production of interest income
SAICA's comments on proposed amendment
Expenditure incurs in the production of interest income