property income and inverstments – individuals- example 5

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August 16, 2015 at 2:26 am #267356
tafadzwa
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Q. Using example 4 above, show the relief available to Richard for the premium paid.

A. Relief available = 37200/20 = 1860

I do not understand why 37200 – premium, was used instead of 40950 – property income as illustrated on your video lecture and the given formula in the notes.
August 16, 2015 at 3:16 am #267358
tafadzwa
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sorry. I got were I went wrong.
August 22, 2015 at 4:02 am #268038
Tax Tutor
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No problem and always better when you can resolve your own question!
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