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Dec 2012 Blackcutt (a)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Dec 2012 Blackcutt (a)

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by P2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
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    Posts
  • May 9, 2018 at 6:13 pm #450920
    sss111
    Member
    • Topics: 37
    • Replies: 5
    • ☆

    As regards to ancillary services, the latter are classified as investment properties if they are insignificant.

    Isn’t providing housing for low-income employees an exampl me of ancillary services ?

    Thank you in advance!

    May 10, 2018 at 9:18 pm #451138
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7231
    • ☆☆☆☆☆

    Hi,

    It isn’t an ancillary service. Although rental income is being received it is not significant for it to be considered as an investment property.

    Thanks

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