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December 2, 2015 at 7:22 pm
Example 3 – I don’t get why it’s 1,865 from the basic rate band. I would have thought it would have been the full 30,000 at that limit, then 1865 from the 17,135 also at the basic rate band and then the remaining at the higher rate???
March 2, 2016 at 11:37 pm
no…income first and the taxable gains fills the band after so only 31865-30000 =1865 of space left for the lower rate of 18 percent. writing my first papers inlcuding tax in june….any hints guys
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