• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

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

disallowed expence

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › disallowed expence

  • This topic has 3 replies, 4 voices, and was last updated 11 years ago by Tax Tutor.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • October 31, 2013 at 8:24 pm #144262
    tabsom
    Member
    • Topics: 18
    • Replies: 43
    • ☆☆

    as you mentioned in note page 24 that gifts are allowable if
    1) it cost< 50,
    2) it isn’t food drink or tobacco,and
    3) carry advertisement of business..
    in your page 217 i found that boxes of chocolate (note 5) is disallowed expense because it is not meeting point 2,
    why not calender??? it do not contain advertisement of business??? it is also not meting 3 point then why it isn’t added back??

    October 31, 2013 at 8:41 pm #144263
    oogabooga
    Participant
    • Topics: 1
    • Replies: 36
    • ☆

    It is assumed that the calenders are carrying a conspicuous advertisement for the business. (they almost always do)
    Pay attention the next time you visit some office, even the one your Doc got in his office will have some pharmaceutical company name on it.

    November 3, 2013 at 7:18 pm #144471
    Kaymakov
    Member
    • Topics: 24
    • Replies: 30
    • ☆☆

    great L)) quite tricky !!

    November 4, 2013 at 8:04 pm #144547
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    If you read the question it says “Gifts to customers that carry the business name” and then lists the chocolates and the calendars!! READ the question!

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Venoth on Time Series Analysis – ACCA Management Accounting (MA)
  • mrjonbain on Professionalism, ethical codes and the public interest – ACCA Strategic Business Leader (SBL)
  • mrjonbain on Professionalism, ethical codes and the public interest – ACCA Strategic Business Leader (SBL)
  • kemo1000 on Financial instruments – convertible debentures – ACCA Financial Reporting (FR)
  • barbjohn on Equity Law, Ratio Decidendi – ACCA LW Global

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in