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Old 5th March 2019, 15:26   #1 (permalink)
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UK taxation rate

Whilst we have to pay to make up the difference of the extra 5% from our Turkish interest,
what is /was the situation when last year Turkey cut the interest rate 15% down to 5% & even 3%, do we then have to pay the UK treasury the difference of 15% or 17%.
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Old 5th March 2019, 17:12   #2 (permalink)
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Re: UK taxation rate

Yes. of course you do; it's the law.
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Old 6th March 2019, 17:38   #3 (permalink)
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Re: UK taxation rate

Quote:
Originally Posted by oldfogy View Post
whilst we have to pay to make up the difference of the extra 5% from our turkish interest,
what is /was the situation when last year turkey cut the interest rate 15% down to 5% & even 3%, do we then have to pay the uk treasury the difference of 15% or 17%.
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