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July 7, 2019 at 3:49 am
Hi Sir Please disregard my last post. I got the reason. Thank you
July 7, 2019 at 3:47 am
Thank you Sir for given lectures.
After enjoyed the lectures I follow the instruction to go attempted Financial Act 2018 example. I found Example 2 May confusing.
Here is the question; For the tax year 2018–19, May has a trading profit of £159,000. During the year, May made net personal pension contributions of £32,000 and a net gift aid donation of £9,600. Her income tax liability is:
The answer is given as follow,The gross personal pension contributions are £40,000 (32,000 x 100/80) and the gross gift aid donation is £12,000 (9,600 x 100/80).
I thought In our lectures before, like example 14 Thomas. Those whose income exceeds 123700 would have nil PA?
Please explain. Thank you
Have a wonderful day Sir
November 9, 2018 at 1:44 am
Hi professor. Thank you for the well delivered lectures. Question- number of days in/out of UK is consecutive or total for the tax year?
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