tax computationForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › tax computationThis topic has 1 reply, 2 voices, and was last updated 8 years ago by Tax Tutor.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts July 3, 2016 at 1:45 pm #324630 subcream1MemberTopics: 2Replies: 1☆hello sir , please confirmif non -savings = $4000.00 savings =$71000.00 dividends = 100000tax compuation non savings ( 4000* 20%) = $800 savings 1000* 0% =0 (31785-5000) *20%= 5257 is it (71000-31785* 40%= 15686just in need with that help thank u so much July 5, 2016 at 5:53 pm #324744 Tax TutorMemberTopics: 2Replies: 3965☆☆☆☆☆No the remaining amount of the savings income to be taxed within the higher rate band is computed as 71,000 – 27,785 (1,000 (taxed at zero %) + 26,785 (taxed at 20%))AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In