Dear Sir,
Will we be assessed on 2020/21 finance act in property income for year 2020 exams ?
i know that we are assess 25% of interest against income tax and 75%*brb against income tax liability
but what are the rules for 2020/21?
Ask the Tutor ACCA TX-UK
Property business interest cost
No - you will be examined on FA 2019 as per the study notes - and you simply need to learn the content of those notes on this issue and indeed every other issue
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