Latest changes to Appendix FM and FM-SE
Oct 30th 2013, 12:25 am
#16
BE Enthusiast
Thread Starter
Joined: Feb 2012
Posts: 837
Re: Latest changes to Appendix FM and FM-SE
In their terms it appears (personal) income excludes any income from the sale of assets.
We are talking personal income here, not corporate turnover, so even if you had a company which primarily traded in such properties and made it's profit through capital gains, the important factor would be the total salary and dividends you took yourself
We are talking personal income here, not corporate turnover, so even if you had a company which primarily traded in such properties and made it's profit through capital gains, the important factor would be the total salary and dividends you took yourself
