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^^^^please ignore the rollover relief part I have taken it the wrong way round and am kicking myself now.
Hi guys,
I agree with the no calculations part. Pretty sure 80% for me is written, which I think I prefer.
Question 1 & 2 we’re fine-ish. Question 3 ok but felt all I did was write, I didn’t provide any calculations. Question 5…. hmm. Question 4 I didn’t pick purely because I saw overseas VAT. Might of been a better choice in hindsight.anyways could anyone answer these annoying niggles I have with that exam?
Not sure if anyone else didn’t find The rollover relief straight forward? I got that it was a gains group, I thought all 3 buildings were within the time limit 12m36 and that on the office bought only available on 2/3 as the rest was investment us but didn’t get the whole which building was best to use it against. I Thought the proceeds of 180000 or whatever it was, were100% reinvested in all 3 options either. I run out of time for that question so I left it. I must of been missed the trick there. Any one know?
Also in question 5 for the houses, can someone please tell me what different it makes in which house they elected as their residence. I got the PPR and letting exemption but kind of presumed it was only available under If house 1 was elected. what’s the diff treatment on that?
Wishing you all the best anyways!