ACCA December Exams

Post comments & Vote in Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>

Tax exempt income

This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
October 7, 2017 at 9:30 am #409747
bayu
Member
- Topics: 6
- Replies: 9
Which two of the following incomes are exempt from income tax??
1.interest on an NS&I investment account
2.premium bond prize
3.interest on UK Government stock(gilts)
4.dividends on shares held in individual savings account
Answer given:2,4.
Okay i know 3 cant be among the answers,but what about 1??
October 7, 2017 at 3:09 pm #409779
Tax Tutor
Member
- Topics: 2
- Replies: 3965
You are confusing NSI investment account with NSI certificates – have you worked through the OT course notes and lectures for chapter 2?
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.