OpenTuition.com Free resources for ACCA and CIMA students

Free ACCA and CIMA on line courses | Free ACCA , CIMA, FIA Notes, Lectures, Tests and Forums

  • Create your account
  • Log In
  • ACCA
  • CIMA
  • FIA / CAT
  • OBU
  • Forums
  • StudyBuddy
  • Donate
    • + New Topic
    • Latest
    • Index
    • Reply
    • Rules
    • ACCA Forums
    • Ask ACCA Tutor
    • CIMA Forums
    • Ask CIMA Tutor
    • OBU Forums
    • FIA Forums

Individual self assessment

Home › Forums › Ask ACCA Tutor › Ask the Tutor ACCA Taxation TX-UK Exams › Individual self assessment

  • This topic has 4 replies, 3 voices, and was last updated 1 week, 3 days ago by Tax Tutor.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • November 28, 2019 at 8:58 am

    maxpopper
    Participant

    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?

    December 1, 2019 at 7:15 am

    maxpopper
    Participant

    And is interest income and dividend income included in self assessment?

    December 2, 2019 at 2:47 pm

    Tax Tutor
    Keymaster

    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

    December 3, 2019 at 5:06 pm

    lamya505
    Participant

    Sir ,
    If the question ask us to fine the taxable income for tax year 2018-19
    And given self employment income of 14 month upto 30 jun2018 ..then employment income from 1 aug 2019 to 31 jan 2019 and again a new self employment income from 28 feb 2019 to may 2019
    Then how do we compute the taxable income ?
    Is it like considering only the periods from 6 april 18 to 5 april2019 ??

    December 4, 2019 at 4:40 am

    Tax Tutor
    Keymaster

    You apply the relevant bases of assessment for each source of income.

  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)

You must be logged in to reply to this topic.

Donate

If you have benefited from our materials, please donate to help us update and expand our materials.

BPP

Search this site

Find Study Buddy

  • Financial Management (F9) and Financial Reporting (F7)
  • ACCA
  • TX UK CBE Version
  • Strategic Level CIMA p3
  • F2 and F3

Latest Comments

  • John Moffat on Depreciation Example 2 – ACCA Financial Accounting (FA) lectures
  • hayaafarhad on Depreciation Example 2 – ACCA Financial Accounting (FA) lectures
  • hayaafarhad on Depreciation Example 2 – ACCA Financial Accounting (FA) lectures
  • sadiasajjad97 on Organisational culture – ACCA Accountant in Business (AB)
  • Ken Garrett on Fraud, bribery, whistle-blowing and company ethics – ACCA Strategic Business Leader (SBL)

Copyright © 2019 · Privacy · Support · Contact · Advertising · OpenLicense · About · Sitemap · Log in

We use cookies to improve your experience on our site and to show you relevant advertising. To find out more, read our updated privacy policy and cookie policy.OkRead more