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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › calculating months for property tax – UK Tax F6
Hello everyone. ..I knw its very silly to ask such a question…but still I have …. am so confused when comes to calculating months.
Is it from April – march or may – april
In bpp practise question no.10 :
1 may – 5 april = 12 mnths
1june -5 april = 10 mnths
Can someone help me with it pls.
I do not have the BPP material to be able to comment on your individual query but we normally work to the nearest month when doing time apportionments for the tax year, hence 1 June – 5 April would indeed be 10 months, on which basis one would say that 1 May – 5 April should be 11 months.