Hello.
In your lectures, you've explained how we taxed NSI based on different tax bands that are available.
However, I still has some difficulties in understanding how do we determine what amount out of the total NSI would be will be taxed at 20%, 40% or 45%?
Please explain it.
Thanks in advance.
Ask the Tutor ACCA TX-UK
non saving income
With respect, that is what I do in the lectures with the different examples and the use of the tax rate bands, along with the taxation then of savings income and dividend income
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