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F6 taxation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › F6 taxation

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
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    Posts
  • March 19, 2016 at 11:24 am #307052
    jouma1986
    Participant
    • Topics: 12
    • Replies: 4
    • ☆

    Dear Opentuition,

    I you stated that Interest or bonuses on National Savings & Investment Certificates are exempt from tax.

    I was just wondering if this include the interest on government Bonds?

    Regards,

    March 20, 2016 at 11:53 am #307131
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    No. Interest on government stock is taxable and is received gross – see OT notes chapter 2 page 7 section 2.2

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