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when to Gross and when not to ? and RELIEFS

Forums › ACCA Forums › ACCA TX Taxation Forums › when to Gross and when not to ? and RELIEFS

  • This topic has 1 reply, 2 voices, and was last updated 14 years ago by ansi.
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  • May 23, 2011 at 11:06 pm #48579
    dolphinslover
    Member
    • Topics: 26
    • Replies: 15
    • ☆

    when to gross and when not to gross dividends ?

    plus.. explain me RELIEFS and when to deduct it from taxable income ?

    May 24, 2011 at 6:45 am #82230
    ansi
    Participant
    • Topics: 121
    • Replies: 805
    • ☆☆☆☆

    Well, it’s simple, if dividends are given net, u gross them , if they are already given gross then you don’t 😀

    And also , no need to gross exempt dividends 😀 , like those within ISA , u simply indicate that they are exempt.

    Otherwise i haven’t heard of dividends that u don’t gross. Maybe other people or tutor will help you.

    Reliefs is a huge topic, u better read it in books. I won’t dare to start discussing it here now.

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