F6 Irish Variant – June 2010

Yep i did..I thought it was very hard to get key information out of the questions..

Q1 I dont think the Case 1 Loss could go against the wife’s profit, also she gave on date on when the trade stopped which is pretty key when dealing with case 1 loss and Terminal Loss, Also with the free shares I thought itwas hard cos she didnt give u the figures, but i mentioned about the 6350 of relief for employee and the disposal of shares for him.

Q2 I said how the groups where formed but i didnt know how u where suppose to do calculations, didnt see enough information

Q3 I just meantion how it was taxed in Ireland and Uk but get credit in UK and how the UK company must reg for irish PAYE.

Q4 I didnt think there was enough information to calculate reliefs correctly and also took me about 7mins to find out where the Field came from, I taught she was on about Bull McCabe for awhile ha.

I spent to much time on q1 so i rushed q3/4 i dont think i passed at all…got about 40 i’d say