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Chapter 2 of the Income Tax computation example 12 of the lecture notes.

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Chapter 2 of the Income Tax computation example 12 of the lecture notes.

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  • January 2, 2025 at 5:26 pm #714378
    raiyanr21
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    • ☆

    We reduced the gift aid from the trading profit by £8000 to arrive at an ANI of £152000

    why then, for the additional tax rate band have we used £160000 to arrive at a balancing figure to calculate the additional tax rate ? Why haven’t we used £152000 to give us a balancing figure?

    Please help 🙂

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