Bernice (who is not a Scottish taxpayer) has the following income in 2020-21: She makes a qualifying

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Bernice (who is not a Scottish taxpayer) has the following income in 2020-21:

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She makes a qualifying EIS investment of £20,000 in August 2020. Compute her income tax liability for 2020-21, assuming that there are no Gift Aid donations or pension contributions during the year.

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Taxation Finance Act 2020

ISBN: 9781292360713

26th Edition

Authors: Alan Melville

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Question Posted: Feb 10, 2024 01:02 AM

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Bernice (who is not a Scottish taxpayer) has the following income in 2020-21: She makes a qualifying

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Business profits Building society interest Dividends received 102,850 410 7,240

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Business profits Building society interest Dividends received Total inc...View the full answer

Taxation Finance Act 2020

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