Rounding of indexation allowance

NNada10y ago

Hi tutor, I have noticed from my BPP revision kit that indexation factor is not rounded to 3 decimal places and is used as it is in calculating the indexation allowance. What is the correct treatment? Thank you.

TTTax Tutor10y ago#1

The indexation is not rounded to the nearest 3rd decimal place ONLY when re-indexing the share pool

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