[amiteshpatro]

Hello Sir,
I had a little trouble solving the Practise Question 4 Karl’s Income Tax Liability, as per the new norms the first 5000 pounds are tax free under dividends received despite any tax band, why is the 5000@ 0% = 5525 appearing when it should be 0???

Is it a typo error?
Awaiting your valuable response if there is a concept i missed in dealing with the answer to this question on how to tax the dividends after splitting it between the 32.5% and 38.1% adjusted rates.
Thank you.

[Author]

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