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the savings income starting rate

This topic has 1 reply, 2 voices, and was last updated 8 years ago by Tax Tutor.

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August 8, 2016 at 8:50 am #331918
dalelsg1012
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There was a tax rate of 10% for savings income up to 2,880 pounds in FA2014.
is it gone in FA2015?
Thanks
August 8, 2016 at 10:07 am #331967
Tax Tutor
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Yes it has gone and we now have a zero rate!. You MUST read the FA 2015 update technical article written by the examining team which is on the ACCA website. I would also suggest using the OT material provided for you.
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