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@ireneeileen said:
hate myself >.< i forget all about reit div and int….just adding back depreciation n trustee fee only ahhh…and about the raising capital T.T forget again the rate of CA……the question 1 Double deduction on direct research expenses. Capex is not allowed. tis is past yr question right? i forgot again n again!!!which page is it in choong kwai fatt book? the question 1 r&d?
What is done is done. The div and int are just to confuse us more. Yes, depn and trustee fee add. There is another one. IBA for the factories let out. Take capex amount deducting land.
I forgot to write that capex is not allowed. Only wrote double deduction. I had no idea what to do if the research was subcontracted to a third party.
@ireneeileen said:
about the (r&d )—–june 2012 question 1(ii)about (legal exp)—dec 2012
finding my class note F6—legal exp
(not really sure the ans, i guess)
renew existing contract—deductible
renew loan—d
trade debt—d
breach of contract—-dI just guess them all. All legal expenses are tax deductible. In the hands of the marker now.
@ireneeileen said:
Q2 (a) method raise capital
incidental exp, interest exp—-june 2010 Q5(a), june 2013 Q1(a)
control over interest rate —-june 2013 Q1(b)(b) method financing—june 2013 Q1(c)
(c) IHC—dec 2012 Q1(i) & (ii) see the explanation in words
As I said earlier, all of them are from pyq. The control over interest rate….no idea. I didn’t answer it
@ireneeileen said:
Q3 (a) basis period don’t know where to find(b)(i) reit —- june 2011 Q4(a)
(ii) tax payable—NIL —see the calculated ans for june 2011 Q4(a) computation(c)(i)(ii)—-june 2011 Q4(b)
Sad T.T really hate myself …why question 1 i forgot it, question 2 forget a bit here a bit there & the CA rate forget to write….and question 3, feel want to knock my head on the wall, i just forget to deduct interest inc and deduct dividend inc, and forget to copy all deductible exp and write NIL and forget also to add back interest & dividend inc at NIL…i write the total amount…really forget all… >.< sad!!!
Basis period is the accounting period. No basis period for ya 2013. I’m not sure whether correct or not.
Reit…yes no tax payable. Though, the question said it was paid later, after the year end. So, no idea whether correct or not.
I’m gonna repeat. What is done is done. Hopefully being marked for the answers, mercy from the marker and pass.
@ireneeileen said:
https://www.accaglobal.com/content/dam/acca/global/PDF-students/2012s/sa_oct12_p6mys_rpgt_2.pdfQ5 RPGT(a)— RPGT technical article
—-embarkment completely washed away —-enhancement cost=NIL(example 2)
—-allowable loss
(b)—dont know where to find ans
HATE RPGT!!!!!! Not gonna bother with that. Irene, do yourself a favour. Go enjoy yourself. Worry on the 8th Feb. Till then, pray to God to pass you.
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