ForumsAsk the Tutor ACCA TX-UKBookmarkShareNotify meTax percentagePPayton8y agoWhy does the tax rate start from 1 pound - 33,500 why don't they start from 11,500-33,500? Quote ReplyTTTax Tutor8y ago#1Because we apply the tax rates to the figure of "Taxable Income" which is AFTER the deduction of the Personal Allowance Quote ReplyPPayton8y ago#2Understood Thanks Quote ReplyReply to this topic
PPayton8y agoWhy does the tax rate start from 1 pound - 33,500 why don't they start from 11,500-33,500? Quote Reply
TTTax Tutor8y ago#1Because we apply the tax rates to the figure of "Taxable Income" which is AFTER the deduction of the Personal Allowance Quote Reply