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Does anyone knows can I use the FM Exam kit (Kaplan) which is valid for up to June 2021 for exams in 2022?
Thank youagboolakenny84 wrote:Ah
There was no residence NRB as there was no main residence on the wife’s estate.Hmm, i selected 175000 because i think i saw that there was e residence estate…not sure..any advice for my next attempt? tnx 🙂
agboolakenny84 wrote:The question from who will benefit early from VAT was a section A question. All benefits are subject to class 1A except Car benefits.
Same here, I didn’t include the 14k improvements, I only made use of the market value.Oh on those questions I just couldn’t concentrate, we had a couple of them. do you remember on IHT, NRB available on the death of the spouse, i selected there will be 80%*325000 of the nrb and 175000, wasn’t sure about residence nrb!
Also, who pas the IHT where they couldn’t decide who is going to pay?
overall, disappointed, i dont know how im going to motivate myself to study this again.agboolakenny84 wrote:Who got The Who will benefit from early VAT registration? What was the answer ?
Yes, 36 i chose too. I chose also 20% and 20$. Isnt NIC only on a cash basis? its very trick here. I dont remember the question about who will benefit from early vat?? my calculation was that it was the same amount of vat payable as a flat rate or normal.
On the living accmd i didnt include 14k improvements ?!yes, 1700 and 4 years, do you remember the question about how many months exemptions are for 62 months living with the parents I think?
I had the C sec. question with therapists, how much was the suggested transfer price? the other with mix variance didnt have the time, and too much information.
On the B sec. I expected to have not so tough questions, but some were disaster, so much text I couldnt concentrate.
How the hell do you reslove a queston from A sec. something like fixed cost are 50 k, anv VC 15 per unit, and then fixed go up at 120 k, and VC at 25 per unit, i think it asked whats the optimum or minimum production to cover all the cost??
Most important, 3h are just not enough, because when u see the clock is ticking, you get panicked, adn everything goes to faill.Veggie pot, I lost so much time on reading and thinking the same think, batch and then unit?!!Did you had therapist question in sec. C? what was the suggested transfer price? IN section B questions were very hard, except the one with the ties but again when i calculated, didnt get the right answer.