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hi, is anyone else there having issues with the BPP REVISION KIT.
to my surprise , I have found several errors in this kit.Request you all to share ur findings . this would help all of us in reaching to a common conclusion. thank you.
As per my knowledge.
If am wrong ….pls do correct meQ:3 Philip Wind: Personal allowance should be 9440.
Q:14 Samantha Fabrique: Capital Loss – carry forward relief (2014/15) is restricted upto the extent of Annual exemption allowance(10900). therefore 300 loss would be further carry forwarded .
PHILIP WIND WAS BORN IN 1935 I.E BEFORE 1938 SO HE WILL GET HIGHER PERSONAL ALLOWANCE OF 10660 AND THE LIMIT of his income IS 26100. AS HIS INCOME IS ABOVE 26100 HE WILL NEED TO REDUCE THE p.a to 1/2*(ANI-26100). hope this helps.
and in Samantha fabrique i have same issues as urs
Hi Sharfin…u are rgt personal allowance would be reduced but ut would be reduced upto 9440. It can only be further reduced if the ani is more than 100000.
Ani limit is 26100 for higher personal allowance ….when a person is born before 1948
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