Annual Allowance (AA) – ACCA Taxation (TX-UK)

Comments

1. Asif says

   July 12, 2019 at 6:37 am

   I’m bit Confuse with the Illustration 2.
   They say “Relevant earnings of £250,000 Exceeds Adjusted Income of £210,000, due to that AA for 18/19 will be reduced to £10,000.”
   Isn’t the Adjusted Income limit £150,000 rather than £210,000?

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2. sahilmoosa94 says

   June 25, 2019 at 8:32 am

   I think there is a mistake as the tutor mentions using a LIFO basis, but clearly we are actually using a FIFO basis?

   Or is there something i am missing out on?

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   • thezadzzz says

     July 10, 2019 at 11:23 pm

     I caught that too. I’m sure he meant FIFO, but said LIFO by accident. Evidently, he uses the FIFO method.

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3. aminxoja says

   February 6, 2019 at 1:46 am

   Thank you for this wonderful lecture sir! This, I think, can’t be explained in a better way.
   You are “an additional rate tax teacher” )

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   • Asif says

     July 12, 2019 at 6:36 am

     I’m but Confuse with the Illustration 2.
     They say “Relevant earnings of £250,000 Exceeds Adjusted Income of £210,000, due to that AA for 18/19 will be reduced to £10,000.”
     Isn’t the Adjusted Income limit £150,000 rather than £210,000? ?

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4. opentuition_team says

   May 21, 2018 at 9:31 am

   part 1 is now correct, here:
   https://opentuition.com/acca/tx/pension-schemes/

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