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is there tax credit to be deducted at source when calculating income tax liabili

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › is there tax credit to be deducted at source when calculating income tax liabili

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.
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  • September 8, 2017 at 7:10 am #406648
    Jean96
    Member
    • Topics: 77
    • Replies: 67
    • ☆☆

    if there is what is the rate for dividend and interest

    September 10, 2017 at 8:58 am #407063
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Work through chapter 2 so that you understand the new systems for dealing with dividends and savings income and you will see that there will now only be PAYE to deduct from income tax liability to establish income tax payable.
    I would also advise you work very carefully through the examiners article FA 2016 to see the changes in legislation relevant to the F6 exam

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