[Teresa]

Failed 🙁

[Teresa]

I also had to prepare p and l from tb but there was a suspense account. Did anyone else have the suspense account and do adjustments to clear it out?

[Teresa]

Also had the same paper as above.
Also not confident section a and b

[Teresa]

@kalpesh09 said:
It was Fixed plant and machinery as the warehouse was bought more than one year ago which is not allowed for rollover relief.

This was a Section B question right?

[Teresa]

Hello,

I had the sole trader vs incorporated question with Nussa as the company name.
I did notice the pension element and I actually deducted as an allowable expense from company profit. (I cant actually remember now if it said private pension or not)

My second section C question was to calculate the employment income for an individual but also the associated benefits making up the employment income (did anyone else have this question?)

I felt quite confident coming out of the exam but the more I am thinking through what I wrote the more I am doubting if I will get the pass 🙁

[Author]

Posts