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.