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August 27, 2019 at 12:43 pm
Good day sir, Looking at example 12, Kathy is a higher rate tax payer and is entitled to a £500 nil rate band but it wasn’t considered in the answer. Please why is that?
September 9, 2019 at 4:19 pm
nil rate band only applied to Saving Income & dividend income, Example 12 hasn’t got any saving & dividend income .
July 28, 2019 at 7:49 pm
i was following the lecture and thinking what is the benefit to the basic tax payer. looking at he example question there isnt one to workout a basic tax payer where he has paid some gifts.
So please explain. If Mike had Non Saving income of 18000 and gift aid donation of 800 how would his tax calculation look like.
Does he get any relief anywhere ?
July 24, 2019 at 2:30 am
god day sir, please where can i find the solutions to the examples in the lecture note?
lecture note has answer sections in the last page ranges.
July 16, 2019 at 5:14 pm
July 14, 2019 at 2:52 pm
If the person is basic tax payer, we don’t have to increase the slab the with the amount of gross gift aid donation?
July 15, 2019 at 11:06 am
if its a basic tax payer, ie his income is below 34500, no matter whether its increased or not, he still pays only 20%, so i think its irrelevant.
July 28, 2019 at 7:51 pm
May 10, 2019 at 8:43 pm
Goodday sir,in example 15,my adjustable net income exceeds 100,000..by 5000,how come it wasnt considered in the PA calculations
October 30, 2019 at 5:08 pm
Confused with this too!
January 5, 2020 at 4:49 pm
yes. I would like to know as well.
February 16, 2020 at 12:21 pm
As Adjusted Net Income does not exceed 100,000 (see below) -> the PA is not reduced.
Net Income = 105,000 Less Gross gift aid payment (4,800 × 100?80) (6,000) Adjusted Net income = 99,000
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