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August 26, 2016 at 4:59 am
@AccaGirl He used the Personal allowance as 10,600 because the Personal Allowance for the tax year 2015/16 is 10,600. You can also refer this in Page no. 5 on opentuition notes
July 28, 2016 at 11:57 am
so what exactly is the purpose behind grossing these amounts? I don’t get the concept behind notional interest..
July 28, 2016 at 12:19 pm
oh yes! is it because they are received net?
July 27, 2016 at 11:57 am
kindly tell me the concept of saving income first 5000 in this example
July 2, 2016 at 11:46 am
You guys are doing a great job. Plenty thanks. Please are these the current tax rates?
July 23, 2016 at 1:37 pm
Yes absolutely these are fresh rates and allowances.good luck
August 25, 2016 at 9:42 am
Please, why did he use a personal allowance of 10,600 instead of 10,000?
August 25, 2016 at 9:43 am
I’m referring to example one
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