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CALCULATIONS IN TAX

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › CALCULATIONS IN TAX

  • This topic has 2 replies, 2 voices, and was last updated 2 years ago by Eunice03.
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    Posts
  • August 9, 2022 at 12:48 am #662707
    Eunice03
    Participant
    • Topics: 88
    • Replies: 70
    • ☆☆

    Good day,I want to know if we are to round up or down in tax calculations because sometimes when i solve a problem in the kit that has 13.5 as the answer, it is rounded up as 14 and sometimes as 13. I want to confirm if there is something i’m missing.Thank you

    August 12, 2022 at 2:53 pm #662960
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    It doesn’t matter – in a Section C question the marker can see the calculations that you have done so that either answer would be marked correct and Section A questions would not be set where this would be an issue

    August 12, 2022 at 3:54 pm #662967
    Eunice03
    Participant
    • Topics: 88
    • Replies: 70
    • ☆☆

    Thank you very much

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