20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

Dividend

This topic has 1 reply, 2 voices, and was last updated 6 years ago by Tax Tutor.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 12, 2018 at 9:51 am #484575
nayazrojid1
Member
- Topics: 26
- Replies: 9
Hello sir,
I wanted to clarify on a question that I had concerning personal computation with respect to dividend.
Suppose an individual only has an income of 10000 relating to dividend; would the whole 10000 be taxed at 0% or 5000 only?
Best regards,
Rojid Nayaz.
November 16, 2018 at 5:39 am #484969
Tax Tutor
Member
- Topics: 2
- Replies: 3965
If a taxpayer ONLY has income of 10,000 then this is reduced to nil taxable income by the PA and therefore there is no income tax calculation to perform so the 5000 dividend income nil rate band is irrelevant as there is NO taxable income
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.