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 Personal relief Income tax, legally, reduce income tax

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socratesman
post Feb 8 2007, 04:01 AM

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Joined: Jan 2003
From: KL
QUOTE(mucklampir @ Dec 11 2006, 12:23 PM)
relief deduce from gross income. rebate deduce from tax chargeable to get the final number. correct me if wrong. i'm newbie too  blush.gif
*
nicely put. you're correct.

BTW you can easily verify this by looking at your tax form. See at which stages of the tax calculation they use the terms 'relief' and 'rebate'.

 

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