[Seetal]

I did the same for the capital contribution towards the list price.

I didn’t realise that the car was second hand either and gave it FYA!

[Seetal]

There were a couple questions I really kept doubting my self about. First was accounting for Input VAT for the purchases still in inventory

The capital allowance for the laptops, and if the discounted figure or full cost figure should have been used

Question 15 regarding the gift relief. I put 0 as the person was not the business owner

Overall I thought the questions were slightly tougher than previous past papers I’ve been through

[Author]

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