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ACCA F6 UK lectures Download F6 notes
October 24, 2015 at 3:27 pm
“Just in Case the Wife is listening” 😀
October 18, 2015 at 7:55 pm
The bit i don’t get is how a transfer of 5% would allow 50% of the income to be assessed on the transferee spouse
October 18, 2015 at 10:23 pm
The transfer of any small part in the asset would make it a joint property, thus allowing for the application of the 50-50 rule.
October 26, 2015 at 11:20 pm
So does that mean if I own 80% and ‘transfer’ 5% of a property the tax will be applied using the 50-50 rule? But if I did that, would that just mean I own 75% and my partner owns 25%. I’m just slightly confused about the concept of ‘transferring’ 5%
October 27, 2015 at 8:52 pm
Usman. If you have 100% ownership and your spouse/partner has 0%, you can transfer the ownership (let’s say 5% for the sake of the argument, but it does not have to be 5%) so you can apply the 50-50 rule. If you have 80% nominal ownership and your spouse/partner has 20% ownership then you do not need to transfer any more of your ownership to apply the 50-50 rules as it is already a joint ownership.
October 14, 2015 at 3:51 pm
This lecture was funny, ‘waste of space basic rate taxpayer’….:-D
July 12, 2015 at 7:24 pm
Thanks for making life easier
Rana Nabeel says
May 21, 2015 at 9:53 am
Dear Sir I wanted to ask that whether the “Child Benefit” is written under any of the divisions like “non-savings” or “savings” etc. or it is completely a charge in it’s own right to be added as it is the tax liability?
October 23, 2015 at 12:33 am
It is added to the tax liability and not to any specific division.
February 15, 2015 at 5:02 pm
thanx. i got it now, before this i was also confused.
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