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 
Note: Calculation of top slicing relief can be complex and users are requested to contact HMRC or a tax advisor with specific questions.