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Practice Question / Answer 20 George part (b)
Based on the info given in the question this is the scenario assuming we just start at 2008/09: The “other than” in the question assumes a contribution of 60,000 in 2010/11!
2008/09 60,000
2009/10 30,000 + 20,000 from 2011/12
2010/11 60,000
2011/12 50,000 (of the 90,000 – 50,000 for 2011/12, 20,000 contribution b/f from 2009/10 and the remainder 20,000 is AA charge)Why wasn’t the extra 10,000 of 2010/11 not used against 10,000 brought forward from 2009/10! Or have I misread something again!
Thanks in advance 🙂
Or should the “2009/10” in the question read “2010/11”!!!! Otherwise he could have an unused allowance of 70,000 (20,000 from 2009/10 and 50,000 from 2010/11 – assuming no contributions in 2010/11).
So, which of my comments seem correct – that of 1 month ago or this.
Thanks in advance 🙂
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