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Do you know if everyone does the same exam?
I’m looking at the UK examiner report for Taxation and I don’t recognise some of the questions they’ve included.@daniya24 said:
The question you are talking about had group losses reliefs as well or not? I can’t remember plAs far as I know it didn’t include any group relief. There wasn’t any group relief throughout my paper actually.
@sjkk said:
thei think the first question was 6 mark that asked us to simple calculate for 15 months the next 9 mark was asking us to apportion into 2 periods also calculating the capital allownaces
Yes that’s right, I think you had the same paper as I did. It included a chargeable gain in the 12 month period and a capital loss in the 3 month period.
@ysulzbacher said:
Was this the question where they gave you a draft of the computation with some missing figures? That’s what I had but I didn’t notice that it was for 15 months. I hope that you’re talking about a different question.No I don’t think that is the question. The question that had a 15 month period was split into two parts. The first part was 6 marks where they asked us to calculate the tax adjusted trading profit and the second part was 9 marks where they asked us to calculate the TTP for the 15 month period.
I think we might’ve done a different paper. The only question I can remember that had a long period of account was, where they asked me to calculate the total taxable profit for a 15 month period.
I thought it was okay. The multiple choice questions were a lot harder than I expected. Think I might’ve messed up in the final question were they asked us to calculate the total taxable profit for a 15 month period. Does anyone know if during the calculation for the capital allowances, if the purchases of machinery, equipment were across the two periods or only in the shorter 3 month period. I think I might’ve included all the purchases and disposals in the shorter 3 month period.