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Forums › ACCA Forums › ACCA TX Taxation Forums › Rounding
Hi Again,
Is it right in tax that everything is rounded down? So for example even if you calculate 2390.9 you round down to 2390?
And for calculating the car benefit Co2 % you round down?
Thanks
Jen
You are correct, in my point of view. Any tax returns etc should be rounded down to the nearest pound and same with the CO2 emission % is rounded down to the lowest 5 for example if a car has an ommission of 153g you’ll round it down to 150 and then deduct from 135g.
