Forum Replies Created
- Posts
yes, what did you answer for question on printer in Sec A. I know it is on breakeven but did not understand the question properly on what was required exactly.
Am not sure but normally the tax savings capital allowance is available against depreciated assets. Taking out the depreciation means there should be tax savings on capital allowance
Thought that the tax savings on capital allowance netted off with the depreciation will give the taxable figure. Maybe i am confusing with TX paper.
got around 200k negative, it was mentioned in the question that depreciation was already included in given figures.
There was a question on cost of discount in Sec A. Did you get same and what was your answer? I spent almost 15mins on this one.
I wrote a completely irrelevant story on the importance of creditors for a business. did not know how to answer this.
it was 6 mark. The theory questions was hard. first time seen the question about creditors hierarchy
There was a question on what is important for Output VAT scale charge, something like that. Had to choose 2 answer from 4. What did you guys answer?
They did not qualify for both relief. Entrepreneur relief minimum percentage is 5% & Investor relief is available for newly subscribed shares. He purchased it from an existing shareholder.
Hello everyone, how was your TX paper today? I found it very difficult, just wanted to have your views.
