*** ACCA TX (F6) June 2018 Exam was.. Instant Poll and comments ***

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@beloslava said:
i said he is not a resident, because 2 ties and 100 days (according to the table he needs 3, if hasn’t been resident before and has been in uk for 91-120 days stay) but that might as well be wrong as i literally spent 4 min answering this…..
at first i skipped this part but i had 9 min to spare when i finished with the rest of that question so i decided to give it a go anyway, then spent the other 5 minutes to random choose 3 or 4 answers in MSQs as i didn’t have a clue… let’s hope those were the seeded Qs;-)))
overall it was ok paper.. i have had three so far and this one seemed less difficult…. let’s hope for the best

yeah he had 2 ties thus he became non uk resident given he stayed 100 days in uk
Regarding the mcqs of vat in sec B,
do you remember if
1.you have used the fuel scale charge to calculate the output tax

2.and how about the answer for VAT Group i know we dont charge vat for group co but do we issue invoice?

3. do we consider impairment of bad debts for the sales invoice and discount given ques?

There were also 2 more mcqs which im unsure of their answers..
1. one in IHT sec B advantage of life transfers i put taper relief only

2. and second one in CGT in sec B again, destruction of asset where we were given insurance proceeds, original cost of asset and improvement expenditure..we were told to calculate the allowable base cost and to ignore part disposal

@beloslava said:
I had IHT and VAT Qs but neither of those were in my cases, there were no VAT groups and no fuel scales for sure…
i sat CBE so may be only the long Qs were the same….

oh alright i sat for paper based exams

Hi there, I have a few questions to please:

What did people put for :

1) The date the director was entitled to his bonus – Was it the YE date or the date he was entitled the bonus?

2) What date did people put down for ‘When should he start to charge output tax?’
3) Was he a UK resident or not ? I put down NON UK RESIDENT DUE TO 3 TIES?
4) For the ‘How much additional tax does she pay with the rental property’ – Did people work out here income tax liability without the rental income and then work their income tax liability with the rental income?

Thanks

@khilen said:
Hi there, I have a few questions to please:

What did people put for :

1) The date the director was entitled to his bonus – Was it the YE date or the date he was entitled the bonus?

2) What date did people put down for ‘When should he start to charge output tax?’
3) Was he a UK resident or not ? I put down NON UK RESIDENT DUE TO 3 TIES?
4) For the ‘How much additional tax does she pay with the rental property’ – Did people work out here income tax liability without the rental income and then work their income tax liability with the rental income?

Thanks

I hadn’t got this question.
Are these part of the same question?

@clarapr said:
What did people put on the q asking if the person was resident or not resident in uk in section c, I spent way too much time for the 3 marks he had on it, I changed to not resident at last min as only had 3 ties but now think I was wrong.

Are you referring to “Dinh” question in Section C?

CBE
Guys there was an inheritene tax question where the donor paid the Tax himself. Was the answer 18750? Section A

Plzzzzz replyyy plzzz

@sanjaymehra said:
CBE
Guys there was an inheritene tax question where the donor paid the Tax himself. Was the answer 18750? Section A

Plzzzzz replyyy plzzz

I cant really remember the question by I think this was my answer yeah

Hi what was ur answer to the IHT question in section A where the donor paid the tax himself? 18750?

But for his income tax computation as non director it’s earlier of entitled/paid

Bit of a general question I know but can anyone explain how seeded questions work? Are there 5 questions which are consistent across all the exams for them to assess quality control as everyone now does broadly different mcq. How do they assess it? Have heard a few conspiracy theories which I think are a bit suspect and do not believe, so would appreciate a plain English answer. Thanks in advance.

Reply to sawan2095
Yes I do remember few things which I did
1.yes I have take fuel scale charge into consideration , only business use 216*1/6

2. M not sure about the issuing invoice question

3. I don’t remember about The impairment loss !

IHT
1.I opted for the option ‘only 1’

I think taper relief was not the answer cox taper relief can be made in death tax also

2.I just calculated the base cost of the asset wen election was made
It was a simple calculation
I don’t remember any other twists in that
Question
I might be wrong also

I didn’t use the scale charge as it said he reimbursed his private use fuel on the question I had so did 1/6 on what he reimbursed as scale charge is if haven’t reimbursed and both figures were given…