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calculating months for property tax – UK Tax F6

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › calculating months for property tax – UK Tax F6

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by AvatarTax Tutor.
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  • September 11, 2014 at 9:23 pm #194694
    AvatarPooja
    Participant
    • Topics: 3
    • Replies: 19
    • ☆

    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.

    September 14, 2014 at 9:02 pm #194955
    AvatarTax Tutor
    Member
    • Topics: 2
    • Replies: 3960
    • ☆☆☆☆☆

    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.

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