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payment on account

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › payment on account

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by khanumishq.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • November 29, 2018 at 9:30 pm #486489
    khanumishq
    Member
    • Topics: 46
    • Replies: 21
    • ☆☆

    Sir can you please tell how to approach this type of questions on POA.

    Eva’s income tax liability and class 4 national insurance contributions (NIC) for the tax year 2017/18 are
    £4,840. Her income tax liability and class 4 NICs for the tax year 2016/17 were £6,360.
    What is the lowest amount to which Eva could make a claim to reduce each of her payments on account for
    the tax year 2017/18 without being charged interest?

    December 3, 2018 at 10:15 am #486907
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Tell me and show me what you don’t understand in the answer and I will try to explain for you

    December 3, 2018 at 10:20 am #486909
    khanumishq
    Member
    • Topics: 46
    • Replies: 21
    • ☆☆

    the reduction on POA is what i dont understand. how to calculate that?

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    Posts
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