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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Ch 8 Example 8 re Dividends of £440
You mentioned in your narrative that this was exempt as below £1,000, so should this have been excluded in the model answer?
The question asked you for the taxable income and dividends need to be included as they are taxable. Any tax free element would be dealt with in the tax calculation
