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Forums › ACCA Forums › ACCA TX Taxation Forums › *** F6 March 2016 Exam was.. Instant Poll and comments ***
Yes Christine you nailed it .. I did same as u did 🙂 High five 🙂
Am I the only one who put 60,000 for PPR
Timings messed up, I just about managed to complete this paper without having time to go over my answer, MCQ’S rushed?
@anny786 said:
Am I the only one who put 60,000 for PPRTimings messed up, I just about managed to complete this paper without having time to go over my answer, MCQ’S rushed?
If I remember correctly the property was owned for 12 years, and had been lived in for 10 continuous years from purchase.
The last 18 months are always exempt, and the other options (any time for overseas job, 4 years for UK job or 3 years for any other reason) all require you to have lived in the property after those periods of absence, so cannot be claimed.
Therefore the answer should have been 11.5/12 x gain = PPR relief.
Can somebody please tell me what were the questions in section B?
Maria you are a genius for remembering so many questions. You have powers of recall second to none. I cannot remember what I had for breakfast.