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Employment income- exempt benefits

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Employment income- exempt benefits

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarTax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • January 13, 2018 at 4:34 pm #428908
    Avatarkiki3
    Member
    • Topics: 11
    • Replies: 9
    • ☆

    Dear sir, thank you so much for the lectures. It’s amazing.

    Could you please clarify awards for long service employees? Is it £50 per year in excess of 20 years of employment? I didn’t understand why it was stated in open tuition course notes maximum 20 years.

    Kindly clarify sir

    January 16, 2018 at 12:09 pm #430485
    AvatarTax Tutor
    Member
    • Topics: 2
    • Replies: 3960
    • ☆☆☆☆☆

    Hi kiki many thanks for your query as it appears that the note has been corrupted somehow in the published version of the OT course notes!
    The note should say that the maximum award value (not cash) is £50 per year of service and the MINIMUM service period required is 20 years.
    I will amend in new FA 2017 version of notes and again many thanks for bringing this to my notice

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