COM128013 - Repayments/reallocations: repayment interest: legislation: calculating repayment interest

The table below gives a brief explanation of what the legislation relevant to this subject contains

Section

Explanation

826 Income and Corporation Act (ICTA) 1988

Repayment Interest rules

826(7C) ICTA 1988

Rules for determining the amount of Repayment Interest allowable when

  • A non-trading deficit is carried back and set against profits or gains for an earlier AP