[Ben]

I got $9m as well on translation, but can’t remember if that was for goodwill or net assets. I think the other one was $1.5m or was it $4m?? So many numbers it’s difficult to remember where i put them….

[Ben]

Oh crap, oh well hopefully only 1 mark lost there!!

[Ben]

Yazan – net proceeds was proceeds less Cgt liability

[Ben]

Kassy I think it was 40% of 285000 that you added to her 325000 as that was the nrb at the time of the husbands death.

[Ben]

It was a spouse in q5, you add his unused nrb to hers to get a bigger relief.

[Ben]

On the whole though the paper was ok, they tested a lot of the syllabus but the small questions seemed easy to get marks on. The answer to the ISA question in Q5 was given to you in the tax tables for example. I think the only messy question was Q1 a, but if you didn’t get too bogged down I reckon you could still score well if you applied the correct tax rates etc.

[Ben]

I had option one (land) for q3, anyone else get that?

[Author]

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