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Chapter 2 example 12

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Chapter 2 example 12

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by JillyB.
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  • April 20, 2024 at 2:38 pm #704342
    shortlist1709
    Participant
    • Topics: 1
    • Replies: 0
    • ☆

    Hi there,

    Not sure if this has been posted already, but the notes for chapter 2 example 12 states that £112,300 is taxed at 40% for the higher rate, and the video lecture has it at £87,440. From what I can tell the £87,440 figure is correct, but wanted to check in case I had misunderstood something? Thank you!

    April 20, 2024 at 3:43 pm #704346
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    Thank you and yes I am aware of it and yes 87440 is correct.

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