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Day: August 18, 2019

Deductible interest – what is meant by deductible interest?Deductible interest – what is meant by deductible interest?

Nicholas LampNicholas Lamp August 18, 2019August 18, 2019 0 Comment

Interest is the price you pay to a bank or other lender when you borrow money, buy things on installments, and more. According to current tax legislation, cost interest is deductible against interest income and income from work (salary). What this means is that, if you have income and / or salary to offset, so […]

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