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Personal allowance. Born 1935

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Personal allowance. Born 1935

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by Ken Garrett.
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  • August 28, 2014 at 11:41 am #192627
    Liene
    Participant
    • Topics: 6
    • Replies: 4
    • ☆

    BPP revision book Task 3a

    He has total income $29740 (13140 pension and 16600 interest)

    Adjusted PA comes out as $8840 (29740-26100)= 3640/2=$1820

    Respectively 10660-1820=$8840

    I understood that PA need to be adjusted but not lower than ordinary $9440. This task confuses me now. Please explain

    Thanks

    Liene

    August 28, 2014 at 9:24 pm #192710
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10594
    • ☆☆☆☆☆

    Wrong forum. Try F6.

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