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i.e. if entire basic rate band is used by non-savings
37400 @ 20% is always 7480 so you don’t need to work it out
what else is like this?
Do you mean something like this?:
If adjusted net income exceeds £112,950 and there are no pension contributions or gift aids, then don’t bother calculating personal allowance because it’s ZERO.
I just read first 6 chapters in BPP text book so I don’t know any more quick tips. Maybe there will be something in corporation tax.
Would be interesting if some people reply with really good “time saving” tips.
oh… BTW, I had a question. When you write your answers in exam do you have to write:
Non Savings Income
Savings Income
Dividends income
Personal Allowance
Personal Age Allowanceor can you just use abbreviations, i.e.:
SI
NSI
DI
PA
PAA?I think abbreviations like that are real time savers.
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