Hi! In case someone noticed in part 2 Illustration 2 the video suddenly cuts when teacher Jill is about to explain the computation with regards in Marginal relief and so if you look at the computation there and put it in your calculator you will not get the 589. And I got confused why only the augmented profit will be time apportioned. Instead of Time apportioning all(Upper limit, TTP and augmented profit) we time apportioned it in total amount. So I guess, there should be a parenthesis or a bracket to know that it is for the total amount. I don’t know if it just me hehe
Video also cut for me, but i believe there was a miscalculation in the video (the fraction of 3/200 was calculated twice).
If you just do =(250,000-196,000)*3/200*190,000/196,000 You will get a marginal relief of £785 for a whole year. Then i divided it by 12 and multiplied by 9 and got the figure Mrs Jill had on her illustration.
Good luck to us in the exam! How is the studying going for you?
jonelynnavarro says
Hi! In case someone noticed in part 2 Illustration 2 the video suddenly cuts when teacher Jill is about to explain the computation with regards in Marginal relief and so if you look at the computation there and put it in your calculator you will not get the 589. And I got confused why only the augmented profit will be time apportioned. Instead of Time apportioning all(Upper limit, TTP and augmented profit) we time apportioned it in total amount. So I guess, there should be a parenthesis or a bracket to know that it is for the total amount. I don’t know if it just me hehe
Ok.sana says
Hi there.
Video also cut for me, but i believe there was a miscalculation in the video (the fraction of 3/200 was calculated twice).
If you just do =(250,000-196,000)*3/200*190,000/196,000
You will get a marginal relief of £785 for a whole year. Then i divided it by 12 and multiplied by 9 and got the figure Mrs Jill had on her illustration.
Good luck to us in the exam! How is the studying going for you?