- This topic has 5 replies, 3 voices, and was last updated 8 years ago by Tax Tutor.
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- March 13, 2016 at 6:41 pm #306220
Dear Sir,
I am planing to take the exam on June 2016 so,I was just wondering if the study pack which is on this site still valid as, there are many changes has happened since 2014.for example personal allowance for 2014/2015 is 10600 and will be 10800 for 2016/2017.
my concern do I have to look for most recent study pack? or this study pack would be good enough!
Regards
March 14, 2016 at 8:08 pm #306406The June exam is still based on FA 2014
March 19, 2016 at 7:27 pm #307096Sir, in chapter 2 example 1 shouldn’t we first add back PAYE to earnings, then find tax liability and then find tax payable?
March 20, 2016 at 11:58 am #307133Salaries are always quoted gross – before any deductions of income tax or NIC.
March 20, 2016 at 2:05 pm #307146Oh. Its just that PAYE was given besides the earnings figure so I assumed that PAYE would be deducted from the earnings.
March 25, 2016 at 11:52 am #308261The PAYE figure must be given in relation to the gross salary to allow you to compute tax payable
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