Dear miss bourne , In 3rd lecture dealing with example 6 in chapter 6. Its a 9 month accounting period and AIA allowance is taken as 100% rather than for just 9 months. However, the 9 months adjustment is done for wdv and private use in the lecture. I was wondering if i am missing something or it was an error .
Lecture link : https://opentuition.com/acca/tx/chapter-6-trading-profit-basis-periods-acca-taxation-tx-uk-lectures/
its 3rd lecture with time stamp of 11:39 .
Thank you very much for the lectures
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Chapter 6 Example 6
In my answer to example 6 it says AIA (max 9/12 x £1) so the AIA is pro-rata
oooh yeahhh, Its 9/12 * 1m . I was pro rata-ing the whole actual figure , I understood now. thanks
no worries
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