HR246
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@benjaminfabi said: Hi, The basic rate band gets extended by the amount of any grossed up pension and charity contributions. Relief at the higher rate is given on all income. It doesn't matter how much you extend the band over what …
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Thanks for everyone's thoughts on this. I hadn't seen a rule anywhere stating that you have to include a cost comparison, but always thought it was best practice based on the guidance mentioned by benjaminfabi, and also other things I've read from p…
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I find this tool very useful as it calculates the top slicing relief and also shows you how the calculation was done: https://www.quilter.com/help-and-support/tools/chargeable-event-gains--income-tax-calculator. I also believe the old 'short' met…
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I agree that it's quite clunky and unintuitive! No particularly groundbreaking tips or tricks here, but 1) their live chat feature is usually pretty helpful if you need any help with something specific, and 2) there is an option to import a lot of f…
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Thanks Les. The Pru calculator looks really helpful and I'll definitely give it a go next time I have a bond surrender case. I see what you mean in that identifying the minimum gain isn't necessarily the best thing to do. If that was my objective…
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Thanks both. I have been trying to wrap my head around it and think I have made some progress. The Pru example is helpful, as is the Quilter chargeable gains calculator. I have looked at an example here https://www.moneymarketing.co.uk/view-from/…
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Hi A, From memory, there isn't really much knowledge in one that builds on the other as they cover quite different things, so I think in that respect it wouldn't make a huge difference which one you do first. For what it's worth, I found Finan…