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ACCA F6 UK lectures Download F6 notes
January 31, 2016 at 1:09 pm
Brilliant lecture but a quick question about example 4:
Matthew starts trading on 1st August 2013, so how did the first period get a loss of £20k for 10 months? If trading started in August then the loss would be for 8 months.
Not sure if I am forgetting something about opening year rules or if its the way the question is worded.
January 31, 2016 at 1:16 pm
Actually ignore my question. tax y/e is March not May thats why 8 months are used
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