Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › IHT- NIL RATE BAND
- This topic has 3 replies, 2 voices, and was last updated 4 years ago by Tax Tutor.
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- May 16, 2020 at 6:53 am #570993
Hi sir,
I want to know that is there any sequence to be followed while utilising the NIL RATE BAND, that it must firslty utilise PET and then move to the CLTs. It is bit confusing for me while dealing with a long question.
Thankyou so much.May 16, 2020 at 11:22 am #571016Have you worked through the lectures and study notes provided as these issues are clearly dealt with in the OT material?
It is essential that you follow an organised process of working through the lectures and notes, working all the examples and assigned practice questions and performing the additional reading from the relevant ACCA technical articles where assigned at the end of a chapter.
Once this is done then use your Exam / Revision kit to practice.May 16, 2020 at 12:54 pm #571031Yes sir, i have gone through the lectures, and notes as well. But it is still confusing for me.
May 19, 2020 at 1:20 pm #571255You state that you have gone through the lectures and notes – section 8 and specifically example 1 deal precisely with this issue. You therefore need to spend more time working through these lectures and notes as what you need to know is there for you.
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