- This topic has 1 reply, 2 voices, and was last updated 7 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Hello Sir,
the $40,000 of saving income being divided into 20,000 and 20,000.
Is it because the savings and non-savings total = 170,000 which exceeds the higher rate band by 20,000 so the first 20,000 is subjected to 40% and the remaining 20,000 is subjected to 45%?
Im very confused with savings income threshold ..
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.