There’s a question on kaplan text page402 Test your understanding No 8. Question about Zac gifting Cash of 20,000 and Farming business valued at: Agricultural value 600,000 Development value 400,000 Total Mkt Value of Farm 1,000,000 + Animal and Stock 150,000+ Plant & Machinery 80,000 Total Mkt value of farming Business=1,230,000.
What i understand is at plant and machinery BPR is 50% But answer on text is calculated on 100%.
Transfer of value total 123,,0000+20,000= 1,250,000 Less : APR (600000*100%)= -600,000 Less BPR (400000+150000=550000*100%=- 550,000 Less BPR (80,000*50%)= -40,000 (On text it says 100% ie 80,000)
IS it just me that don’t understand or Its a Print mistake on text???????