I know someone who's a higher rate taxpayer but they can only get 45% tax relief.
They are apparently not entitled to the full 52% relief because they are jointly assessed with their spouse for tax purposes.
They understood there were only two relief bands - 52% and 31%.
Can anyone explain this?
They are apparently not entitled to the full 52% relief because they are jointly assessed with their spouse for tax purposes.
They understood there were only two relief bands - 52% and 31%.
Can anyone explain this?