- This topic has 3 replies, 3 voices, and was last updated 4 years ago by .
Viewing 4 posts - 1 through 4 (of 4 total)
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.
OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Example #10, Chapter 2 – Personal Allowance
Dear Sir,
First of all, thank for support for ACCA students all around the world, i just want to highlight that in your answer in the notes for example #10, in calculation of personal allowance, the Adjusted Net Income should be 102,000 not 106,000.
Is it correct ??
Thanks,
Hi everyone,
I hope you are well.
I understood that the Net Income is £106,000 (Non-Savings Income £102,000+ Savings Income £4,000)
The answer as in the notes is correct – what makes you think that the ANI should be only 102,000 when that is only the trading income figure?
Quite right Julian the ANI contains both the trading income and the savings income.