• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

income tax

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › income tax

  • This topic has 1 reply, 2 voices, and was last updated 9 months ago by JillyB.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • August 20, 2024 at 6:35 pm #710080
    kashafaltaf500@gmail.com
    Participant
    • Topics: 2
    • Replies: 0
    • ☆

    Daisy received a salary of £19,500 (PAYE deducted of £1,400). She also received £10,000 bank
    deposit interest and dividend income of £1,000 in 2023/24.
    Calculate Daisy’s income tax payable for 2023/24

    hi i wanna know why are we not adding back the paye in the emploment income are we not supposed to take gross? the answis is 1786. why are we taking emplyment income as 19500 instead of 20900?

    August 21, 2024 at 2:26 pm #710117
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    The salary quoted in gross and then PAYE is taken in advance

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Nashra30 on CIMA E1 Chapter 3 Test
  • azubair on Financial Performance Measurement – ACCA Performance Management (PM)
  • rishitxx on ACCA BT Chapter 1 – The nature and structure of organisations – Questions
  • j.akshaya on Group SFP – Example (Basic consolidation) – ACCA Financial Reporting (FR)
  • rishitxx on ACCA BT Chapter 1 – The nature and structure of organisations – Questions

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in