35 Flashcards
(1 cards)
1
Q
Mike, a higher rate tax-payer, aged 70, has arranged a single premium long-term care bond for his care needs. Mike should be aware that tax relief:
A is available at basic rate only.
B is available at his highest marginal rate of tax.
C is not available.
D is only available if he requires residential care
A
C is not available.