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- July 17, 2024 at 4:17 pm #708631
Congrats to everyone who passed! And for those who didn’t , don’t loose hope September will be your month! Thank you OpenTuition for the free lectures, notes and practice test! Really appreciate it. I sat 3 papers last June and it is my first time sitting an exam. Luckily passed 2 papers including Tax, though quite disappointed on the result cause I think I can do better than that but yeah still pass is a pass. Lesson is that really think of the combinations of papers to sit on if your taking more than 1 paper, cause in my experience of taking 3 totally unrelated papers is a disaster. Again Thank You OpenTuition! will still stick with OpenTuition in preparation for my papers in Sept. Lets go!
May 5, 2024 at 2:43 pm #704965“For hybrid-electric motor cars with CO2 emissions between 1 and 50 grams per kilometre. the
electric range of the car is relevant”May 3, 2024 at 4:57 pm #704896Hi! I think if we are dealing with short term period, we need to time apportioned the Upper and Lower limit only and not the Taxable total profit.
Lower Limit= 5ok/2*8/12=16,667
Upper Limit=250k/2*8/12=83,333and the TTP will remain 75k because it is the profit for that 8 months (short term period)
we only time apportioned TTP, if the TTP is for falls to two financial year.April 5, 2024 at 1:13 am #703666Hi! Thank you for the clarification, appreciate it so much, but im still confused about Illustration 3 with the statement that what if the donor is the is the one paying for the IHT
on the other hand, the donor – Ronald had agreed to pay the IHT then his estate would have
diminished, or reduced by both the gift and the tax.
Taxable amount 119,000
Lifetime tax @25% 29,750
Gross chargeable amount to carry forward 148,750 - AuthorPosts