OpenTuition.com Free resources for accountancy students
Free ACCA lectures and course notes | ACCA AAT FIA resources and forums | ACCA Global Community
I am bit confused with this example as we know that if Augmented profit is equal or above to 1.5m then it is taxed at main rate and if A.P. equal to or below to 300,000 then it is taxed at lower rate.
However, in this example when you are considering 4 month to 31/03/2013 TTP is equal to 1,268,087 which lies between 1.5m and 300,000. This this should be dealt as marginal, but you are taking it as a large company and taxing at high rate.
Kindly, could you please clear this point, thanks.
its ok I got my answer…we are taking it as 4/12 of each limit..GOT IT..
You sir teach with such depth and clarity, and I just had to pause to say ‘Thank You’!
what can i say more…..this tutor is the equivalent of LIONEL MESSI in football.
thanks open tuition , you are doing a gr8 service for those who need this the most
great lectures. Thanks OT
These F6 Lectures make my life so easy..Thanks Sir and Thanks Open Tuition..God bless you all
when trying to compute the CT for the full 12month period ending 30.11.11, how is it that you have 4/12 in FY2010?
i would have thought it should be 1/12, since the year wd hv started on 1.12.10 and then 11/12 for FY2011, pls explain
Tripper me up too (
It’s all to do with the Corporate Tax year which runs from the 1st April to the 31st March. The four months referred to are from the 1st December 2010 to the 31st March 2011.
You must be logged in to post a comment.
ACCA F1 /FIA FAB Dec 2013 Exam was...
F5 Dec 2013 Exam was... Post comments
F6 Dec 2013 Exam was... Post comments
F7 Dec 2013 Exam was... Post comments
F8 Dec 2013 Exam was... Post comments
P4 Dec 2013 Exam was... Post comments
P5 Dec 2013 Exam was... Post comments
P7 Dec 2013 Exam was... Post comments
FIA MA1 exam was...
FIA FA2 exam was...
FIA MA2 exam was...
FIA FTX Exam was...
FIA FFM exam was...
Return to top of page
Copyright © 2013 · Privacy and Cookies · Advertising · Contact us · Sitemap · Log in