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Personal Allowance for 2021-2022 GBP 12,570

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Personal Allowance for 2021-2022 GBP 12,570

  • This topic has 2 replies, 3 voices, and was last updated 3 years ago by Tax Tutor.
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    Posts
  • September 21, 2021 at 8:24 am #636100
    Anonymous
    Inactive
    • Topics: 5
    • Replies: 1
    • ☆

    Dear Sir,
    The personal allowance figure used in exam notes is of previous year. In current tax year, it is GBP 12,570.

    September 23, 2021 at 1:36 pm #636361
    kish200
    Participant
    • Topics: 24
    • Replies: 53
    • ☆☆

    Sorry, I am not the tutor but just thought I could assist
    The exam is based on the financial tax year 2020/21 and so the personal allowance is still 12500

    September 24, 2021 at 7:06 pm #636423
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Kish is correct – use only the material produced for this exam which is based on FA 2020 and is relevant through to the March 2022 exam

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