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aamir2111.
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aamir2111
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Hello,
For higher rate tax payer, 20% relief is obtained at source, and 20% relief is obtained by extending the normal rate band limit by gross donation amount. I would like to know if this extension of normal rate band is done only for non-saving income’s tax liability calculation or will it be extended even for saving’s and dividend income’s tax liability calculation.
Thanks,
AB
Tax Tutor
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The extension of the basic rate band (and if relevant the higher rate band) is applicable for ALL the taxable income
aamir2111
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Thank you tutor.
aamir2111
Tax Tutor
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