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calculation error

This topic has 3 replies, 2 voices, and was last updated 8 years ago by Tax Tutor.

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May 23, 2016 at 8:34 pm #316699
mohsin1992
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- Topics: 15
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sir there was a slight error in the calculations.please check it, and if it really is, then rectify it.
qus19 (answer) from the question bank at the end of notes.
May 25, 2016 at 10:10 am #317004
Tax Tutor
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Please advise where and I will be happy to check it for you
May 26, 2016 at 7:13 pm #317310
mohsin1992
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- Topics: 15
- Replies: 6
in the answer of question number 19 named as renner
the calculations done for the total column are wrong thus resulting wrongly calculated total taxable income, however income tax liability has been calculated rightly.
May 31, 2016 at 10:44 am #318345
Tax Tutor
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Thank you – yes the total income has not been updated from the previous year for the revised employment income figures but the non savings income and the individual tax calculations are correct. This will be amended for the FA 2015 notes
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