Income tax computation – Savings Income (part 1) – ACCA Taxation (TX-UK) (FA2018)

Comments

1. Chetanamanju96 says

   February 9, 2020 at 5:16 pm

   Hi,

   I am attempting the March 2020 exam, should i consider the personal allowance as 11,850 pounds or 12,500 pounds?

   Please clarify.

   Thank you.

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2. joannairlik says

   December 27, 2019 at 8:29 pm

   Can you please clarify q3 as above mentioned?

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3. jwang8 says

   September 4, 2019 at 12:58 pm

   brilliant lecture~~~!

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4. annamaria83 says

   August 31, 2019 at 11:26 am

   Good day sir,thank you for lectures

   question 3, of higher rate is getting challenging for me,

   can you please help me understand how you came about
   19000*20% and 500*40%.

   thank you.

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5. priscilla5236517 says

   May 8, 2019 at 5:27 am

   Good day sir,thank you for the lectures,have attempted the first 2-5 questions and basic rate seems okay,but question 3,of higher rate is getting challenging for me,can you please help me understand how you came about
   19000*20% and 500*40%.thank you.

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   • priscilla5236517 says

     May 8, 2019 at 5:36 am

     I think i have finally understood it sir,first,the nil rate band for higher rates of 500*0% is calculated,then the balance of higher rate and basic rate(35000-34500)..500*40%at higher rate percentage,and a balance of 19000 from the total of 20000-(500+500) at the basic rate.Thats how i have understood it sir.Please correct me where am wrong.Thank you.

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6. warsame22 says

   March 8, 2019 at 5:34 am

   Hi mr(well you never mentioned your name)

   would like to ask what does ”counts towards the basic rate threshold of 34500” mean?

   thank you.

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   • mohammed31071996 says

     December 31, 2019 at 1:53 pm

     @warsame22 His name is Colin Prentice, in case you were wondering.

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