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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › TK-UK Practice Questions
Hi
Re Q2 in Open Tuition practice questions – ‘Kate.’
The BR band is to be extended by 2,500.
The solution only utilises 36,650 of this and taxes all the dividend income @ 32.5%.
Should 350 of the taxable income not be taxed at 7.5% considering there is some BR band remaining?
Can someone please explain.
Thank you
Please read note 2 in the answer
