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Property business interest cost

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Property business interest cost

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 16, 2020 at 4:03 pm #571044
    jean989
    Participant
    • Topics: 29
    • Replies: 9
    • ☆

    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?

    May 20, 2020 at 9:23 am #571292
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    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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