What is marginal relief?
This query is : Resolved
25 November 2013
Payable income tax amount adjustment
by a firm whose taxable income slightly
exceeds the upper limit of a tax bracket,
or band. This adjustment is usually only
available to small firms and is taken from
the total tax amount.
by a firm whose taxable income slightly
exceeds the upper limit of a tax bracket,
or band. This adjustment is usually only
available to small firms and is taken from
the total tax amount.
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