Assalaammualaikum
1) When calculating zakaah, is one allowed to deduct the outstanding amount on a bond or car bought via bank loan?
If so, what portion of the outstanding debt can be deducted?
2) If one only became liable for zakaah in the last six months (eg got a job six months ago only) is one liable for zakaah? How is the zakaah calculated, if this is so?
Jazakallah