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NIC isn’t payable on dividends. But if I recall clearly, there wasn’t any remuneration if it was a limited company
FYA is usually not prorated though because there isn’t a limit. AIA is prorated based of the 1m limit
The whole 3 hours is a blur now. I cant even recall if I was in my senses while writing the paper. I screwed up the loss relief section C question (this I am definite about). Section A was on a bit difficult side. I was expecting it to be easier. Section B was still manageable.
The overall paper was definitely a medium-hard.Hoping to clear it though.
Pratibhapahwa4313 wrote:The whole 3 hours is a blur now. I cant even recall if I was in my senses while writing the paper. I screwed up the loss relief section C question (this I am definite about). Section A was on a bit difficult side. I was expecting it to be easier. Section B was still manageable.
This! Section A was the hardest for me too. Kinda ruined the entire exam mood as it got me tense immediately.
Paper was very technical and at Section C I was totally confused that what to do so I recommend that please solve all the questions of the Kit for better marks to obtain!
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