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answer to example 5 chapter 2

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › answer to example 5 chapter 2

  • This topic has 2 replies, 2 voices, and was last updated 1 year ago by clunisd.
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  • February 28, 2021 at 2:44 am #612039
    clunisd
    Member
    • Topics: 7
    • Replies: 7
    • ☆

    Sir,
    I followed the lecture and the original answer you had in the workings was correct, based on the calculation Polly would have a non saving tax liability of $200.00 at the basic rate and $2600.00 savings tax liability also at the basic rate bringing a total Tax liability of $2800.00.

    also this is unrelated to the example- this Lecture is FA2019 can i use it for the June exam sitting?

    Thanks in advance

    March 1, 2021 at 12:59 pm #612329
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    1. Yes – the answer is correct in the online notes – is it that in the lecture there was a typing error about the total?
    2. Look online and there are notes for June 2021 candidates explaining how and where FA 2019 lectures may be used – though new lectures updated where needed will be online this week for the income tax chapters.

    March 5, 2021 at 12:39 am #613400
    clunisd
    Member
    • Topics: 7
    • Replies: 7
    • ☆

    thank you

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