Do you know the order in which income tax is applied to different sources?
If not, this online Assembly is for you. And – even if you do – are you really really sure? (Like, really?)
Either way, we’re sure you’ll leave this Assembly older (by 60 mins) but wiser thanks to our guest, M&G’s Les Cameron.
Les will be a familiar face to many Assembly participants and his most recent appearance was May’s Case Study Investigation: IHT and Trusts.
Learning objectives
During the session we covered…
- The 7 steps of a UK Income Tax calculation
- Allowable deductions
- Adjusted net income
- 72% marginal tax rate
- Allowances Beneficial ordering
- Tax reducers
