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Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams
Free ACCA & CIMA online courses from OpenTuition
Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams
In 31st Practice question there is a mistake in answers (in notes). it states that the Capital Gains Tax (W1) is equal to £5,480, however in workings it’s 5290.
Am I right that correct amount is 5290?
Thanks!
I hate to be pernickety, but the calculation at 26:00 is incorrect.
You have put the disposal as being out of 9,000 instead of the 9,600 after bonus issue has been applied.
Well, the obtained value is correct, however the ‘written value’ is incorrect
kept on wondering what a silly mistake that could’ve been… got me a wee confused at some point though.
19:09 why did you deduct 800 in disposals and how you got 800 please explain
1000 shares were sold, and 200 shares were bought
I want to know how can be identified in total tax payable calculation on disposal of asset either either its capital allowances related or capital gain .