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Bonus Offsets

This screen is used to enter any bonus income received by the taxpayer from Life Assurance Funds or Friendly Societies.

Life assurance company and friendly society bonuses: Enter the total bonuses amount received by the taxpayer from life assurance companies and friendly societies.

An offset equal to the current company tax rate will be calculated on the amount of bonus income entered and the offset will be included in the taxpayer’s estimate.

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