An employer's contributions into a registered pension scheme during the year to 30 June 2017 are 600,000.

Question:

An employer's contributions into a registered pension scheme during the year to 30 June 2017 are £600,000. Explain how tax r elief will be given on the contributions of

£1,860,000 which the employer makes during the year to 30 June 2018.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Taxation Finance Act 2017

ISBN: 9781292200804

23rd Edition

Authors: Alan Melville

See More Books

Question Posted: Feb 07, 2024 08:41 AM

See More Questions

An employer's contributions into a registered pension scheme during the year to 30 June 2021 are 600,000. Explain how tax relief will be given on the contributions of 1,860,000 which the employer...
The financial statements of JJ Ltd and KK Ltd for the year to 30 June 2018 are shown below: Statements of comprehensive income for the year to 30 June 2018. Statements of financial position as at 30...
(a) Wesley has no income at all for tax purposes in 2017-18. He belongs to a registered pension scheme which operates relief at source and he makes pension contributions during 2017-18 which are all...
What are the roles and responsibilities of civil society in relation to the Sustainable Development Goals? In your country, how has civil society been engaged in the dialogue or discussion on...
Suppose X has a hypergeometric distribution with N = 10, n = 3, and K = 4. Sketch the probability mass function of X.
Provide an overview of research and practice in international human resource management LO2
On 31 December 1992, the cash book of The Trident showed an overdraft of 5670. From the following particulars, prepare a Bank Reconciliation Statement. (a) Cheques drawn but not cashed before 31...
Legitron Corporation has $350 million of debt outstanding at an interest rate of 9 percent. What is the dollar value of the tax shield on that debt, just for this year, if Legitron is subject to a 35...
QUESTION 7 What is the coupon rate for the bond? Assume semi-annual payments. Answer as a percent! Bond Coupon Rate Yield Price t Apple B ? 3.3% $1007.16 28
Calculate the annual allowance available in 2017 -18 (including unused annual allowance brought forward) to an individual with total pension input amounts as follows: 2014-15 25,000 2015-16 62,000...
During the year to 31 May 2017 , an employer made contributions of 400,000 into a registered pension scheme. Explain how tax relief will be given on the contributions mad e during the year to 31 May...
Zugar Company is domiciled in a country whose currency is the dinar. Zugar begins 2017 with three assets: cash of 20,000 dinars, accounts receivable of 80,000 dinars, and land that cost 200,000...
Evaluate the following integrals: (i) (ii) dx (x+1)(x+2) dx x(x+1)
Evaluate the following integrals:
Evaluate the following integrals:
Example: Evaluate each of the following: In(1+m) (a) e cos(1-e)dx 10- (b) [Int] -dt sec(3P)tan (3P) (c) 12 2+ sec(3P) dP (d) cos(x)cos(sin(x))dx (e) dw W 50 20
As an investor in the share market, you use the financial statements to assess the financial condition of entities. Would you find it more useful to have items of property, plant and equipment valued...
In a large midwestern university, 30% of the students live in apartments. If 200 students are randomly selected, find the probability that the number of them living in apartments will be between 55...
Peter has had a home in the UK for many years and has always been UK resident. He has worked in the UK throughout his adult life but he retired in December 2019. During tax year 2020-21 he takes a...
Tony died on 11 July 2020, leaving an estate which was valued at 900,000. None of the transfers made on his death were exempt from IHT. He had made the following transfers during his lifetime:...
On 12 November 2010, Hazel made a gross chargeable transfer to a relevant property trust of 266,000 (after deduction of exemptions). On 1 April 2016 she gave 300,000 to her grandson. These were her...
In 2019, Sunland Company had a break-even point of $388,000 based on a selling price of $5 per unit and fixed costs of $155,200. In 2020, the selling price and the variable costs per unit did not...
11. String Conversion Given a binary string consisting of characters '0's and '1', the following operation can be performed it: Choose two adjacent characters, and replace both the characters with...
Consider the table shown below to answer the question posed in part a. Parts b and c are independent of the given table. Callaway Golf (ELY) Alaska Air Group (ALK) Yum! Brands (YUM) Caterpillar...

An employer's contributions into a registered pension scheme during the year to 30 June 2017 are 600,000.

Question:

Step by Step Answer:

In the UK employer contributions to a registered pension scheme are typically allowed as a taxdeduct...View the full answer

Taxation Finance Act 2017

Students also viewed these Business questions