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chargeable gains for individuals with no income

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › chargeable gains for individuals with no income

  • This topic has 1 reply, 2 voices, and was last updated 5 months ago by Tax Tutor.
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    Posts
  • January 18, 2022 at 10:59 am #646865
    studystudy33
    • Topics: 14
    • Replies: 11
    • ☆

    hello,

    how to calculate chargeable gains tax for individuals where it does not mention how much income the individual has? which percentage should be used?

    January 29, 2022 at 1:04 pm #647680
    Tax Tutor
    • Topics: 2
    • Replies: 3927
    • ☆☆☆☆☆

    A question MUST tell you either the income of the taxpayer – or that the taxpayer is a higher rate taxpayer so that you would then know that the higher rates apply

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