[mrsos]

Congrats! I got 54, just scrapped too! I was considering doing ATX but I think I’ll pass on that !
To anyone that didn’t pass, just keeping going! You will qualify and this fail won’t matter a year from now!

[mrsos]

Still waiting for results, anyone in the same boat

[mrsos]

Nothing yet @ 12.01

[mrsos]

1 minnnnnnn

[mrsos]

11 mins ?

[mrsos]

I thought so too!

[mrsos]

Hmm I don’t think I got the same corporation tax planning question, did you have the question to compare net income while employed vs when she was an employee after nic and income tax?

[mrsos]

Last question for me there was a share matching question in c, was it for a company or individual? Can’t remember!

[mrsos]

I put did not qualify but I think it does, I was thrown often by the gifting scenario

[mrsos]

Can anyone remember answers to section C?

[mrsos]

I got quite confused in section c. They were asking for the net income after tax. Did we have to calculate the income tax and ni contributions? Seemed like a lot of work for 5 marks

[mrsos]

Only the contribution and benefit paid will affect cash flow I think was all I could scrape for the question

[mrsos]

I agree if you revised those topics it’s an ok exam, just that questions were from More obscure areas of the syllabus

[mrsos]

I do remember seeing 10 years. In my notes and thinking about in in the hall.

[mrsos]

Basically just wrote what had happened, step acquisition, associate to sub, control etc etc no time to calculate

[mrsos]

Eek I thought the question was more general how do you determine whether to use definite or Indefinite or the economic useful life of an asset.

I said the directors decide ?

[mrsos]

Also how do you allocate the cash flow from internet sales is it to stores and distribution centre?

[mrsos]

I left the whole cash flow question undone, no time.

I was so confused by all the brand questions, could you recognise it?

[mrsos]

My kpref was also 25%

[mrsos]

I see, makes sense.

[mrsos]

Hmmm, I dont remember this being one of the section c questions. Was it in addition to the Wacc and npv questions in section c or did we have different questions

[mrsos]

Hmmm I dont remember this being one of the section c questions. Was in addition to the Wacc and npv question in section c or did we have different questions

[mrsos]

what did people get for their Wacc my percentage was too small like 1.4 or 1.8 or something went wrong somewhere

[mrsos]

Is it the section b question you are referring too?

[mrsos]

I felt the paper was fairly passable- unfortunately due to my lack of time management, I may not pass.

Section c – was dividends, corporation tax on elara and the third was income tax where he had commercial property. I should have treated it like residential property but all my adjustments were based on company.

Alas we move on!

[Author]

Posts