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  • Above-average special professional income

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    Your total tax payable is the sum of tax on your above-average special professional income and tax on your other income-step 1 on the next page explains 'other income'. Your above-average special professional income is the amount of TPl you earned during the year that is more than your average TPI. Where there is no above-average special professional income-that is, TPI is equal to or less than your average TPI-you will pay tax at ordinary rates on your taxable income.

    Last modified: 30 Jun 2002QC 27394