Qualifying InterestForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Qualifying InterestThis topic has 2 replies, 2 voices, and was last updated 3 years ago by Tax Tutor.Viewing 3 posts - 1 through 3 (of 3 total)AuthorPosts May 5, 2020 at 7:46 am #569994 Noah098MemberTopics: 935Replies: 352☆☆☆☆☆Thank you. May 5, 2020 at 7:49 am #569995 Noah098MemberTopics: 935Replies: 352☆☆☆☆☆Under Reliefs, only QIPs incurred against “Purchase of shares in an employee-controlled trading company by a full-time employee” is allowed.Sir I do not understand this statement mentioned in our Study kit. Can you elaborate on this by giving an example.Thank you. May 5, 2020 at 10:43 am #570014 Tax TutorMemberTopics: 2Replies: 3965☆☆☆☆☆Like the qualifying interest payments (QIP) listed in the study notes it is just another example of a QIP – you simply need to recognise it as such and respond accordingly if you see that example in an exam question!AuthorPostsViewing 3 posts - 1 through 3 (of 3 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In