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PTP TR - How is top slicing relief calculated?

Article ID

kba-02879

Article Name

PTP TR - How is top slicing relief calculated?

Created Date

6th March 2020

Product

Problem

How is top slicing relief calculated?

Resolution

A breakdown of the Top slicing relief calculation is shown within the Full Working Sheets. To access the Full Working Sheets please do the following:
1) Go into PTP Tax Platform
2) Click on the Calculation button
3) Click on the Full Working Sheets button 
4) At the time of writing the Top slicing relief calculation is Section 17
Note: Calculation of top slicing relief can be complex and users are requested to contact HMRC or a tax advisor with specific questions.

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