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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,
ABThe extension of the basic rate band (and if relevant the higher rate band) is applicable for ALL the taxable income
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