Sir in Individual self assessment, we only consider property income and trading income? I mean to say that we do not consider employment income, correct?
Ask the Tutor ACCA TX-UK
Individual self assessment
And is interest income and dividend income included in self assessment?
All income is included in the income tax computation whether tax has or has not been deducted at source - self assessment requires the taxpayer to declare all income on their annual tax return
You apply the relevant bases of assessment for each source of income.
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