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Forums › ACCA Forums › ACCA TX Taxation Forums › Tax Year that is to be followed in March 2020 exam
Hi.
I am planning to sit on March 2020 exam.
In the study text that I use, the amount of Personal Allowance, Income Tax Rates etc are all based on the tax year 2018/19 which are different from the amounts for the tax year 2019/20. For the exam, which tax year, amounts and rates am I supposed to follow?
Finance Act 2018 will be tested in March 2020 exam. It will be mentioned on the front page whether or not the study text is valid for March 2020 exam. If it is valid, then you should use the rates provided in the text.
Alternatively, the free lectures along with lecture notes contain everything you need to pass this exam. They are updated as per FA 2018.
Okay. Thank you.