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Income tax
1)In june 15 q 3 fergus.From where this 8000 in
Income tax 8000×20%= 1600
Whats the rule here?Comparing to sept 16 q 31
We directly use 31785 not like the previous one we use 8000?
I am confused and i dont know the rule here plz help.
2) directors remuneration are employ income or trading profit?
3)Non saving means only employ income?
4) in june 15 q 6 from where this figure 3.25 for living accomodation?
Thanks
You have a number of queries on past exam questions – have you completed the OT lectures and notes and practice questions as some of your questions above (2 and 3) show a fundamental lack of knowledge which would suggest you are not yet in a position to be attempting any past exam questions.
In addition are you using a FA 2015 exam / revision kit when attempting past exam questions? If you are using the ACCA site then only exams from June 2016 should be used as all previous questions and answers have not been updated for the changes in legislation that have subsequently taken place!Ok i will go back but regarding 8000 figure could u explain it for me from where??
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