interest earned on savings before income tax deductions are taken into account.
Interest earned before taxes are deducted.
This is interest earned by deposits at banks and financial institutions, or on gilts etc. before the deduction of tax.
The contractual rate of interest without or before the deduction of any income tax liability. If interest is received gross the investor takes the responsibility for discharging any tax liability due to the Inland Revenue. However the interest will generally be paid net unless a registration form is completed to comply with Inland Revenue regulations.
Interest before any tax has been deducted.
Interest on savings before any tax is taken off.
Interest paid without tax deducted.
Interest paid before deductions for withholding tax are made from the original amount Opposite: net interest. Français: Intérêt brut Español: Interés bruto
The interest you earn on your savings before income tax is deducted.
The amount of interest you receive without any Income Tax taken out.