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Income tax and NIC liabilities

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Income tax and NIC liabilities

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by Tax Tutor.
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  • Author
    Posts
  • July 18, 2022 at 10:23 am #661064
    Shivvy
    Participant
    • Topics: 4
    • Replies: 41
    • ☆

    Question 1a – June 2013

    Required:
    (a) Calculate John Beach’s income tax liability for the tax year 2012–13. (14 marks)

    My ques:
    Why this note was ignored in the calculation of Taxable income?

    “(2) In addition to her pension income, Rhonda received gross building society interest of £21,400 during the tax year 2012–13.”

    July 18, 2022 at 1:15 pm #661146
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    You MUST NOT be using old material – it has not been updated for changes in legislation or rates and allowances!

    Only use material that is FA 2021.

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