Property Income Assessments, Furnished Holiday Lettings and Rent a Room – ACCA Taxation (TX-UK) Exam FA2019
Reader Interactions
Comments
Leave a Reply
You must be logged in to post a comment.
Free ACCA & CIMA online courses from OpenTuition
Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams
ACCA December Exams
20% off ACCA & CIMA Books
OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>
First of all, thank you for another great lecture.
Now, when it comes to Rent A Room Losses brought down can we offset these against any property income (including Holiday Lettings) or only against Rent a Room income?
Regards
Thanks a lot!
Hello,
Example 3: for the 2020 September exam, a mortgage interest charge will not be accounted as expenses, but tax relive of 20% of full amount will be given (despite the fact if its higher or additional taxpayer) is that correct?
Thank you.
No for September exams tax year 2019/2020 will be used. So it’s 25% reduction and 75% tax relief.
These lectures on acca-tx-uk are just what i needed for better understanding as i have only been studying via the Kaplin textbook. So much better to hear from someone talking in person about it and hes really good at explaining in an interesting way . Greatly appreciated.