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bpp qtn 120

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › bpp qtn 120

  • This topic has 1 reply, 2 voices, and was last updated 11 hours ago by AmandaP.
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    Posts
  • January 21, 2026 at 10:50 am #724443
    Haarip
    Participant
    • Topics: 28
    • Replies: 37
    • ☆☆

    we need to state wether the statement is tru or false.
    for disposal of residetial property a poa must be made.

    i chose false bcoz for cgt only one payment is made

    but in solution they have given the statemnt is true

    can u clarify this

    January 21, 2026 at 1:15 pm #724450
    AmandaP
    Moderator
    • Topics: 1
    • Replies: 112
    • ☆☆

    For the CGT due on gains on residential property, the gain must be declared and the tax due (a POA) must be paid within 60 days of completion of the sale.

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