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Hello,
I am having problem with Q no.1 (c) of BPP kit, taxable NSI is 164,000 SI is 10,000 and DI is 5500. Income tax liability for savings income is calculated as 6000@40% and 4000@45%, can you please explain why the amount has been divided like this?Hi Radia sorry but i do not have the BPP kit to see the problem you refer to but from what you have said there must be an extended basic rate band and higher rate band by 20,000 for presumably a personal pension contribution or gift aid payment to explain why with 164,000 of taxable NSI there is still 6,000 higher rate band available for the SI
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