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New FA2015

Forums › ACCA Forums › ACCA ATX Advanced Taxation Forums › New FA2015

  • This topic has 2 replies, 2 voices, and was last updated 9 years ago by Avatarsaajid.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • November 15, 2016 at 8:09 pm #349139
    Avatarsaajid
    Member
    • Topics: 10
    • Replies: 7
    • ☆

    Does anyone know what are the main difference between a textbook that covers exam sittings upto June2015 (FA2014) and a textbook that covers sittings upto March2017( FA2015)

    November 16, 2016 at 5:02 pm #349231
    Avatarpalmy
    Member
    • Topics: 2
    • Replies: 178
    • ☆☆

    There are some changes, one of the most important is the universal tax rate of 20% for all companies irrespective of their size. This will actually make our life easier but also means that the concept of marginal company is now no longer applicable.
    The introduction of a marriage allowance in respect of the personal allowance for individuals I also think is a new entry in the FA 2015.
    Of course, some tax rates and allowances have changed.
    I would buy a new text book if a were you….

    November 20, 2016 at 3:44 pm #350161
    Avatarsaajid
    Member
    • Topics: 10
    • Replies: 7
    • ☆

    Dear Palmy,

    Thank you so much for your reply and advice,
    and I have decided to go for a the text book valid upto March’17.

    Thnx again!

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