[brian8860]

It simply means value or worth of the company.

The no. of shares by market price per share

Debt market value
etc

[brian8860]

The format for question 1 was very different to previous years. Trading
profits, partnership, VAT(which was an output exclusive amount but with VAT in brackets
was this the actual VAT to be included as the recoverable amount? who knows!
I feel the purpose of question 1 was to confuse. Where was all the income tax the first 100 pages in my text book. benefits in kind etc.
Q2 Maybe I am wrong here but how much of question 2 was actually corporation tax?
All in all. lots of theory change from the norm and definitely designed to
to reduce pass rates. Business rates case in point!

[brian8860]

I think this exam was difficult and just within the rules, where were all the BIK, PPR, Income tax computation, Difficult chargeable gains, theory, business rates, 50 MOTORS CARS, A jOKE.

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