Busness Tax - Task 4 - Marginal Relief help please

Charlie1701

Hi

Would anyone be able to help me with this question please?

TAXABLE PROFITS ARE £180,000
DIVIDENDS RECIEVED ARE £10,800 (net)

The year ended 31st March 2014
The Standard fraction is 3/400

I cannot work out what the Marginal Relief is.

I keep getting stuck

Thanks in advance
Charlie

Charlie1701

I worked it out

I forgot to augment the dividends
so should be
10800 x100 '/. 90 and then added to TTP

ncraggs

Marginal relief isnt assesable under the FA16 finance act, which is the one AAT are currently testing.

Charlie1701

Oh alright, thank you
I was not sure what sort of paper I would be sitting for Business Tax
If it would be closer to the 2013 to 2015 papers or more similar to the recent 2016 paper
This helps, thanks