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also blank co. with receivables mgmt. with factoring. i recomended factoring theory part was good but lengthy. overshoot the timing in sec c and OTQ for FRA and asked to calculate sopt rate after two years (was in unknown territory)
hey anyone solved guitar and violin question another OTQ was sales volume planning variance and sales volume operational variance.. was tricky one
lucky you ! it was difficult to think with mask on and grasping for air with elevated heartbeat due to tough questions…
you got more time to study…. even after preparing had tough timesame here ! run out of time to calculate slack and discuss the same lost almost 10 marks there
milk yoghurt and cream question …limiting factor was ok but too lengthy
Section A was okay section B 1 otq– throughput accounting otq2 learning curves and pricing otq3 demand functions with graphs table and chair one.
Section C performance measurements 14 marks discussing 6 marks was for calculations headlines profitability liquidity one more can’t recollcet.
2nd question was identifying lowest relevant cost to tender contract of inflate ables with reasons to included or exclude.
B part what are the implications of lowest cost for contact quoteC part was what is the implications of considering contribution per labour hrs
I was not able to go thru performance measurement and chunk of budgeting part so was very hard exam.
I Also got the CGT question and calculated gain as 400 700/- for roll over relief against netta, 75% Grp. relationship. 400,000/- P&M , 150,000/- odd inventory and some investment in other co.
A part from this, I got dembe and Kato (guess I am right) for High Skill testing. Q was to refelct effect of personal pension scheme in saving tax. and property transfer before disposal to spouse for better tax planning.
another one was to assess why the contractual employment of developing website is to consider as employment and not as self-employment. All in all lot of mini-descriptive type small questions.
One to calculate revised profit under corp. tax. 5% loan for interest amounting 50000/- out of which 10000/- was accrued at year end. Was confusing just
I can remember in corp. Q in Sec. C was divided into so many Qs the maximum mark for 1 Q was 4 marks and all other are 2 marks and 3 Marks Qs. which shattered time management.
I was surprised not a partnership & capital allowance Qs in Sec. A B or C
it was not very difficult, but I buckle under time pressure. In center after 1.5 hr. (Approx.) all system halted for 15 mints and main invigilator was not there till the time subordinate call and she arrives it was already 3-4 mints. they promised us to give exact time which was missed. but as we were under exam did not noted exact time it halted. thus, we lost precious 5 to 7 mints. that’s very unfortunate for us to suffer for poor management of center. This also disturbed the flow.
I felt the screen/monitor size was very small, to give complete view of answer area even after adjusting the question area (maximum adjusted only o read the question) may be 13″ diagonal, because of this have to keep scrolling the question many times if we jumped from one question to another and system was giving Msg. of “you have not read the full question” something for that again have to keep scrolling unwontedly.
The highlighter tool never worked for me, (trying cost me another 2 mints or so ) thus it cost more time to keep track of figures/ amounts in Qs and scrolling up and down. dummy-excel was difficult to manage. I hope authorities will come-up with better solution for this in future.
I got the same question of pension contributions, transfer of property before disposal, lots of IHT in sec A B & C
Rollover relief in group cos.
I guess when NRB is transferred it’s alway transfer as % not in amount. this even id snita died in 2008 (when NRB may 100000) her unused NRB in % will be carry forward instead of Amount.
Means if Sunta has used 60000 out of 100000 of her NRB the we will consider 40% as unused and will consider again current NRB i.e. 325000*40%
Hope I am right in this case Tutor
ok sir
total Duration of loan 1/7/18 to 5/4/18 = 9 months
120000 from 1 July till 30/11/18 = 5 months
repayment of 20000/- on 1st dec
thus outstanding of 100000 for 1/12/18 to 31/3/18 = 4 months
this was my though pl. correct
Avg. Method :- (120000+100000/2)*2.5%*9/12 = 2063/-
Strict Method :- (120000*5/9)*2.5% + (100000*4/9)*2.5% = 2778/-
Thus ben may opt for lower amt. of Avg. Method
thanks mafu ! I am also searching for the same. please inform if you get them !
Any exam tips and advice for June -2019 Tax,
1. what topics were tested on more than once either in sec A, B or C.
2. is there was Q on tax planning ?
3. how was spreadsheet what features were enabled with sheet is it manageable in time ?
4. Can we adjust the column width & height ?
5. whether it was a work book and we have to solve 1 question east on on worksheet ?Please share you experience
