Schedule 7: Interest & deemed interest derived from foreign sources

Schedule 7 capture interest and derived interest from foreign sources.

Income

• Interest - Building Societies;
• Interest - Banks;
• Interest - Other sources

Expenses

• Expenses i.r.o. Interest income

Notes

• Interest on loans and mortgage bonds
  Attach a statement showing:
  • Property on which loan or mortgage was raised;
  • Names and addresses of persons to whom or institutions to which interest accrued was paid per loan or mortgage bond (NB. The amounts must not include capital repayments on the bonds or loans);
     
• Please attach bank and building society certificates reflecting details of interest and dividends received.
   
• Please supply a list reflecting names and addresses from whom interest was received, amounts of interest received and the balance on the loan / investment.