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APV

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › APV

Viewing 2 posts - 1 through 2 (of 2 total)
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  • June 6, 2021 at 5:04 pm #623485
    sm8980
    Participant
    • Topics: 48
    • Replies: 38
    • ☆☆

    Hi John,

    Please could you help with the understanding of when to work out tax relief lost on the subsidy benefit. Two questions on APV tippletine and amberle: one included it and the other didnt. Extremely confusing

    Thanks for your help, much appreciated

    June 6, 2021 at 5:36 pm #623498
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54711
    • ☆☆☆☆☆

    They both included it (but confusingly it was shown in different ways by the examiner).

    The tax benefit has been calculated on the actual interest being paid, and the subsidy benefit is the interest saving after tax.

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