June 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

BPP revision book Task 3a. Born 1935

This topic has 1 reply, 2 voices, and was last updated 10 years ago by Tax Tutor.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
August 28, 2014 at 11:43 am #192628
Liene
Participant
- Topics: 6
- Replies: 4
He has total income $29740 (13140 pension and 16600 interest)
Adjusted PA comes out as $8840 (29740-26100)= 3640/2=$1820
Respectively 10660-1820=$8840
I understood that PA need to be adjusted but not lower than ordinary $9440. This task confuses me now. Please explain
Thanks
Liene
August 31, 2014 at 4:28 pm #193147
Tax Tutor
Member
- Topics: 2
- Replies: 3965
I do not have the BPP material but from what you have said you have correctly stated that the PA cannot indeed be reduced below the standard PA of 9440 unless adjusted net income exceeds 100,000 and hence the PA should be 9440 – check if BPP have issued an errata sheet?
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.