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May 10, 2020 at 4:55 am
First of all, thank for support for ACCA students, i just want to highlight that in your answer for example #10, in calculation of personal allowance, the Adjusted Net Income should be 102,000 not 106,000.
May 15, 2020 at 11:02 am
true i also have this worry as my adjusted allowance is 11500. I use 102000 instead of 106000. Please someone tell why we should add the 4000 to the 102000 in this example 10.
February 22, 2020 at 12:52 pm
the nil rate band is applicable to savings income or dividend income only therefore does not apply to this example as it only has non-savings income i.e trading income and salary.
February 29, 2020 at 9:50 am
I see, thank you!
February 15, 2020 at 9:08 pm
Hello Sir, I have a question regarding Example 11 – in Non Savings Tax calculation shouldn’t we apply the nil rate band of 1000 as Victoria is a basic tax payer?
April 26, 2020 at 8:00 am
Nil rate bands are applicable for savings income
June 20, 2020 at 3:07 pm
@itsdharshu they also apply to dividend income
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