20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Ch 3 property income , about ex 2

This topic has 2 replies, 2 voices, and was last updated 3 years ago by Tax Tutor.

Viewing 3 posts - 1 through 3 (of 3 total)

Author
Posts
February 4, 2022 at 7:43 pm #648123
blesson141
Participant
- Topics: 10
- Replies: 7
Hello sir, in the second video ex 2, I did not understand why we did not include many 2019 redecoration , since it has been completed btn 1st July 2018 to 30th June 2019
February 4, 2022 at 7:44 pm #648124
blesson141
Participant
- Topics: 10
- Replies: 7
Not many , it was meant to be may*
February 6, 2022 at 11:54 am #648203
Tax Tutor
Member
- Topics: 2
- Replies: 3965
We work on a CASH basis not an accruals basis so although the expenditure was incurred in the tax year it is not PAID until the next tax year, so it will be in the tax year when it is paid that the redecoration expense will be allowed
Author
Posts

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.