Q. Using example 4 above, show the relief available to Richard for the premium paid.
A. Relief available = 37200/20 = 1860
I do not understand why 37200 - premium, was used instead of 40950 - property income as illustrated on your video lecture and the given formula in the notes.
Ask the Tutor ACCA TX-UK
property income and inverstments - individuals- example 5
sorry. I got were I went wrong.
No problem and always better when you can resolve your own question!
Sign in to reply to this topic.