Lease Premiums and ISA’s – ACCA Taxation (TX-UK) Exam FA2019

Comments

1. corallista says

   March 4, 2021 at 12:35 pm

   I also have the same doubt.

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2. Bhavesh8 says

   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.

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