Free ACCA & CIMA online courses from OpenTuition
Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams
December 2023 - June 2024 exams: Get your discount code >>
March 4, 2021 at 12:35 pm
I also have the same doubt.
February 20, 2021 at 7:19 am
I am a bit confused with the approach used in Example 6.
The answer for Example 6 is GBP 37,200/20y = GBP 1,860 per the notes.
Shouldn’t it be (37,200/20)*(9/12) = 1395 to account for the accrual of only 9 months falling in the tax year? (July19 to March20)
Grateful if someone could please advise.
Thanks in advance.
You must be logged in to post a comment.