Marginal Relief Equation.

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mickle
mickle Registered Posts: 36 Regular contributor ⭐
Can anybody explain to me why in some instances the full equation:

Fractionx(M-P)x I/P is used and other times the I/P part is omitted. I cannot see why?

I appreciate your help!

Mickle. x

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  • Bluewednesday
    Bluewednesday Registered Posts: 1,624 Beyond epic contributor 🧙‍♂️
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    The I/P part is omitted usually when there is no franked investment income to change the P figure so I and P are the same figures
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