Just want to confirm if question 4 of the practice questions in the notes is wrong. Dividend nil rate band of 5000 @ 0% = Nil. So i make the total answer for Karl to be £7933 of tax payable not £13,458. Is this correct? if not let me know what I am missing??
Yes indeed this is obviously an updating error – which I thought had been corrected – so my apologies for any confusion caused. Fear not you are not missing anything here!