Home For AAT student members AQ 2013 AAT Level 4 (Level 8 in Scotland)

marginal relief

PrimblePrimble Experienced MentorRegistered Posts: 734
can someone please explain marginal relief?

the txt book makes it sound like you go up to the lower limit at one rate but from lower to upper at another. then you turn the page and it has an expample of marginal rate for profits between lower and upper limit with upper starting at 1.5?
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