# How to work out exact weeks between dates during exam?

Home Forums ACCA Forum F6 Taxation Forums How to work out exact weeks between dates during exam?

This topic contains 7 replies, has 5 voices, and was last updated by  richieinspain 2 years, 6 months ago. This post has been viewed 7 times

Viewing 8 posts - 1 through 8 (of 8 total)
• Author
Posts
• #45917

sunny20
Participant

Hi
Does anyone know how to work out exact weeks between dates for calculating Class 2 NIC during exam? For example, trading starts from 30 April 2010, and ending on 30 August 2010, how may weeks exactly?
Many thanks

#70472

Tax Tutor
Keymaster

You don’t have to calculate in days you can do the calculation in months. So in your question it wil be 4 months.
Hope this helps

#70473

sunny20
Participant

Sorry.Class 2 NIC is not monthly base. It is weekly base.

#70474

sue888
Participant

Hi, you are right about the weeks.

31 days – in May
30- June
31-July
31-Aug
= 31*3+30=123days/7=17.57
so you can round it up or down.
so roughly 17 weeks or 18 weeks. we will be fine if we give either numbers

#70475

Anonymous

assume 52 weeks a year, so in your example it is 4 months:

4/12 x 52 = 17,3333333333

so 17.

#70476

Tax Tutor
Keymaster

I am aware that Class 2 is in reality calculated in weeks but for the EXAM you can do in months as the annual figure is £125. Just prorate so 4 months is 4/12 x 125 = £42
Approx same as 17 x 2.40 = £41

#70477

richieinspain
Participant

Yes superwomen is correct… According to Kaplan all workings should be done to the nearest month

#70478

richieinspain
Participant

Yes superwomen is correct… According to Kaplan all workings should be done to the nearest month

Viewing 8 posts - 1 through 8 (of 8 total)

You must be logged in to reply to this topic.