Page 47 - P6 Slide Taxation - Lecture Day 6 - Groups, Interest And Practice Questions
P. 47

S 24J – Yield to maturity method














          • Calculate interest deductible/taxable ito the


               yield to maturity method



          • NOT actual interest paid/received in yoa



          • Interest is spread over the period of financial



               arrangement







           1 Jan 2015                                      31 Dec 2015                                    31 Dec 2016








         Acquires Financial                           Receives interest of

               instrument                                     R100 000
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