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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Accrued income scheme
Good day,
at the accrued income scheme 3.3, the notes talked about the purchaser and the difference balance which will be assessed on the difference which is perfectly explained and fine for me but what about the seller since we said no CGT on disposal and that’s it ?
Thanks
Ahmed
As you correctly state section 3.3 of chapter 2 deals with the accrued income scheme but the note and the example within it does clearly deal with the seller as well as the buyer with calculations shown for how much income is assessed on the seller and the buyer