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November 4, 2020 at 10:46 pm
Dear Tutor, 1st of all thank you for the lecture. Regarding the transferable amount of PA, what if one spouse is a non-tax player but the unused PA is less than £1.250? Will the other spouse/partner be entitled to the full relief when it comes to PA reduction? Regards
January 13, 2021 at 6:50 am
The same question I had in mind while watching
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.
December 26, 2020 at 9:54 am
Hi! As i understood: Net income to calculate reduction of PA is total income. Thats why we should take figure from column “Total”
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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