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Taxation (TX-UK) FA2019 Note question

Forums › ACCA Forums › ACCA TX Taxation Forums › Taxation (TX-UK) FA2019 Note question

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by namah1.
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  • November 24, 2020 at 6:00 pm #596322
    ishh20
    Participant
    • Topics: 2
    • Replies: 1
    • ☆

    In the practice questions, the first question Kate, her taxable income band rate limit was increased to 40,000 because of the gift aid. Her total taxable income was 32,500 which is lower than her basic rate band limit. However her personal savings allowance was at a higher income tax band rate of 500 in the answer. Can someone explain to me why did this occur?

    November 25, 2020 at 9:40 pm #596466
    namah1
    Participant
    • Topics: 7
    • Replies: 71
    • ☆☆

    Hiya, can you write the full question?

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