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June 2014 Q1

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › June 2014 Q1

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Ken Garrett.
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  • May 9, 2018 at 4:06 pm #450901
    rachelvoon
    Member
    • Topics: 8
    • Replies: 2
    • ☆

    Q1(iii) how to calculate the loss tax relief on interests and marketing capitalised?

    Q1(iv) how to calculate average employees number?

    May 9, 2018 at 6:07 pm #450918
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10648
    • ☆☆☆☆☆

    Appendix 2 note 8: So 7.638/2 = 3.819 7.638 is the actual 2014 figure

    Tax relief lost on interest = 801,000 x 25% (tax rate) = 200,250

    [1611 (Start) + 1637 (end)]/2 = 1624

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