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Hi , I hope you are good. In notes chapter 2 the saving income tax rule is confusing to me.
As it says ” savings income benefit from 0% rate however, If the starting rate only applies where ‘saving income’ falls Within the first £5000 of taxable income. If ‘non-saving income exceeds £5000, then starting rate of 0% for savings doesn’t apply”Okay, So is it an error , Is the savings income tax dependent on the Non saving income or Its independent. It mentioned both of it . Its just confusing
Oh its actually clear now after further watching your lecture, These rules are just Random. I thought it was some Printing mistake. It means what it says haha
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