[laila-yama]

@muneebnawaz90 said:

@fahim
Consideration x
Add degrouping charge x

Less indexed cost
Indexed gain @ 26 as per limits co is large

Share calculation was easy

Trade assets
Balancing allowances on equipment and miller machine
Add : profit on disposal of goodwill
Add capital gain on building ( base cost after rollover )

Again tax at 26 because trade holder asset company profits lied in higher rate

Tax value was zero . And as no SSE so it wasn’t trading. So no capital allowance was there so straightforward cost had to be taken in finding out balancing allowances.

Check this examiner comment out guy : https://www.pqaccountant.com/pmag-FFFF00500180024B02171957.html

[laila-yama]

ABSOLUTELY DISASTER. IF YOUR GUY GOES TO PQ MAGAZINE, THE EXAMNIER ACTUALLY SAID IF YOU DON’T HAVE 1 YEAR WORK EXPERIENCE UNDER YOUR BELT, YOU STAND NO CHANCE. THE ARTICLE NOVEMBER 2011. I THINK THIS REALLY IS UNFAIR FOR STUDENT LIKE US

[laila-yama]

hi,
i have both p6 and p7 unused book for sale. £20 each. thanks

[laila-yama]

yes it is still available. it is bpp book.
many thanks

[laila-yama]

totally agree with halfbear. what does god and allah have to do with these passresults? Next time don’t need to study, just thanks them more, may be people can pass just by doing so/

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