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Q14 Grace
Can someone let me know where the 3 figures£128360
£87365
£75775came from on the answer page 247
I thought we used the profit figures from the question.
is this a typo?
I got my capital allowance figures correct, but picked up the profit from the question.Many thanks
I am having same problem.
Why profit figure changed on answer sheet e.g. instaed of Yr 1 profit £105k, it’s appearing as £128.3k, why is that?
Annibabe, can you please explain why WDA is showing 18/12 in workings for Car bought on 1/12/13 .Why isn’t it straight 18% WDA on £18k?
Many thanks
Hi, there is a mistake in the question, the tutors have posted an errata sheet.
WDA is 18% for the car as the co2 is 115 g/km – it is only WDA 8% if co2 exceeds 130g/km
You need to do a 3 year working – it wasnt disposed til 2016OK…. so in 2014 the car bought for £18000 and 18% (due to less than 130 gm/km) of that is £3240.
On answer sheet it is stated £4860 (18% x 18/12 x 18000) which is incorrect.
no problem. how are you getting on with the sylabus? there is a lot too remember isnt there.
so far going good….. the first 12 chapters are the key,,, you’r correct there is lot to remember especially in trading losses sections……
Are you sitting only 1 in December?
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