Fleur Q114 kaplan

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

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May 20, 2024 at 1:16 pm #705724
Patrickizzo
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Additional corporation tax liability is charged at 26.5%, when previous liability and previous liability+additional liability fall between is between 50000-250000????
May 22, 2024 at 2:53 pm #705837
JillyB
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This is the “effective” rate of tax in the margin – I dont teach this and dont use it as it confuses students – do the answer in full – i.e. full rate less marginal relief and you will alwasy come up with the correct answer
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