Hi this might be pretty easy but I just cant figure it out I am confused.
I don't example 15 correct the only thing is I reduced the PA because I thought that this was higher than the 100,000
The answer says its not I looked up previous examples and thought that I had followed them by going off the total income.
can someone explain this to me in the simplest way
thanks
Ask the Tutor ACCA TX-UK
Examnple 15
You do not use total income, you must use the adjusted net income as dealt with in the course notes and lectures and shown in the answer to the example, which requires the deduction of the gross amount of any gift aid payments or PPC's
Thank you I got it now, wasn't adding the gross was adding the net amount.
The lectures are so good. thank you :-)
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