[rmulligan88]

@johnmoore said:
you still goin to attempt im taking lessons nw

I need to do P3 in June (and hope I pass or inlops my P1) then I’ll decide in sept whether or not to do p6 again.

I worked back to front did question 4/3/2/1

Really messed up q 2 and then panicked on q1 and even though I started q1 with the right amount of time for it I kept making mistakes and starting again so wasted 20mins and then struggled to finish on time. Really annoyed with myself

[rmulligan88]

It said it paid total £100,000 dividend in the year so I split it 20% and 3% for their holding (don’t know if this is right)

Also it said after tax cost. The company would have had to pay class 1a for the 3 years it provided the benefit.

This was my 3rd attempt at p6 and pretty sure I’ve failed again so don’t take my word for it on this question, it’s just how I answered it.

[rmulligan88]

Yunusmulla, I did question 4 I found the difference was one was a basic rate tax payer one was a higher rate tax payer?

Then for after tax cost to the company I did original cost of the 2 vehicles/3 years class 1a NIC then deducted the sale proceeds they then sold them for.

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