On Example 2. I understand the question is about Capital gains and income tax is a separate issue. However, ( if we have to answer in a future hypothetical question) does she still get to use her 11k personal allowance ( on her 18K taxable income ) or is it gone as well, since her income is over 122K?
bballhawk says
On Example 2. I understand the question is about Capital gains and income tax is a separate issue. However, ( if we have to answer in a future hypothetical question) does she still get to use her 11k personal allowance ( on her 18K taxable income ) or is it gone as well, since her income is over 122K?
Great, great lectures. Thank you.