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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Personal Pension Payment and CGT
Could you correct me if I am wrong but I understand that personal pension payments (grossed up) raise the basic and higher rate band for CGT the same as they do for income tax.
I think I can answer myself after closer look at the notes provided. The answer is yes and the higher rate band is irrelevant because CGT has only 2 different levels differentiated by basic rate band figure.
Glad you were able to answer your own question – always check back to study notes and lectures when you are uncertain about an issue