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ACCA F6 UK lectures Download F6 notes
August 16, 2017 at 6:27 am
Thank you open tuition and Mr. Tutor.
It is Very helpful lecture for me.
I have one query…
Personal Allowance is available only to individual or/and company also .
And personal Allowance is available only to non saving income or/and saving and other also available.
Once again thank you
September 5, 2017 at 11:31 pm
PA is available on total income and capital allowances are for unincorporated traders/ corp tax and not income tax. It replaces depreciation.
Sayed Mustafa says
August 14, 2017 at 6:46 am
from where he get th Personal Allowance amounted 11,000 ??
August 24, 2017 at 1:00 pm
Please see the Introduction line 7 at page 5 in the lecture note.
April 24, 2017 at 7:05 pm
I am sitting P6 and this basic stuff explained so easily makes my life so much better . Thank you a lot Mr Tutor 🙂 ! and Opentuition !
January 4, 2017 at 11:56 am
why must we deduct Bank deposit interest at the end? 🙁
January 6, 2017 at 3:39 am
Less tax deducted @ source:
Bank deposit interest 10,000 @ 20% = (2,000)
January 6, 2017 at 3:40 am
I gotten tax payable of 5000 instead of 3000 in example 2
October 26, 2016 at 1:22 pm
Great lectures! Really easy to understand his lectures! Thank you so much sir iv passed my f6 exam this time solely studying through your lectures! 🙂
October 7, 2016 at 10:51 pm
At the end of the video, the tutor says that tax payable is 2,000. Tax liability sums up to 5000 less Interest at source of 2000. Tax payable should be 3000 not 2000 right?
October 18, 2016 at 6:24 am
yes, i was just wondering the same . he must have made a mistake. it should be 3000
November 2, 2016 at 5:07 am
yup i too came up with the same issue
November 24, 2016 at 9:57 am
yes it has to be 3000 as our tax payable
September 25, 2016 at 7:59 pm
. 15/16 INCOME LESS OF £100,000 ..allowance £10600……Even born bfore06/Ap/38.
This person ‘s income was £50,000.
. Income less of £27,700……allowance £10660… born after 06/Ap/38… if more, as above
. £100,000< any amount <£121,200…£10600 split £1 per each £2 of exceed on £100000
August 26, 2016 at 4:59 am
@AccaGirl He used the Personal allowance as 10,600 because the Personal Allowance for the tax year 2015/16 is 10,600. You can also refer this in Page no. 5 on opentuition notes
July 28, 2016 at 11:57 am
so what exactly is the purpose behind grossing these amounts? I don’t get the concept behind notional interest..
July 28, 2016 at 12:19 pm
oh yes! is it because they are received net?
July 27, 2016 at 11:57 am
kindly tell me the concept of saving income first 5000 in this example
md mazadul says
September 22, 2016 at 2:23 pm
O% rate of Savings Income rule will apply where savings income falls within the first £5,000 of taxable income…..For example: if you have only £3,000 as your bank interest income & there are no non-savings income, on that case you don’t need to pay any taxes (0%)
July 2, 2016 at 11:46 am
You guys are doing a great job. Plenty thanks. Please are these the current tax rates?
July 23, 2016 at 1:37 pm
Yes absolutely these are fresh rates and allowances.good luck
August 25, 2016 at 9:42 am
Please, why did he use a personal allowance of 10,600 instead of 10,000?
August 25, 2016 at 9:43 am
I’m referring to example one
October 17, 2016 at 3:44 pm
Because, according to Finance Act 2015, personal allowance is 10,600.
From Finance Act 2014 to Finance Act 2015 the rate has changed.
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