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Forums › ACCA Forums › ACCA TX Taxation Forums › when to Gross and when not to ? and RELIEFS
when to gross and when not to gross dividends ?
plus.. explain me RELIEFS and when to deduct it from taxable income ?
Well, it’s simple, if dividends are given net, u gross them , if they are already given gross then you don’t 😀
And also , no need to gross exempt dividends 😀 , like those within ISA , u simply indicate that they are exempt.
Otherwise i haven’t heard of dividends that u don’t gross. Maybe other people or tutor will help you.
Reliefs is a huge topic, u better read it in books. I won’t dare to start discussing it here now.