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September/December 2015 exam, section B, Q:4

Forums › ACCA Forums › ACCA TX Taxation Forums › September/December 2015 exam, section B, Q:4

  • This topic has 1 reply, 1 voice, and was last updated 9 years ago by boma77.
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  • March 2, 2016 at 11:43 am #303002
    boma77
    Member
    • Topics: 70
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    • ☆☆

    Dear tutor,

    From the September/December 2015 exam, section B, Q:4

    Gregor has in 2014/15 trading loss, business property loss, building society interset and a chargeable gain. We have to calculate the amount of the trading loss c/f.

    The building society interest are 900. Will they not be covered by the PA (because there are no other non-savings profits)?

    In the answer the trading loss is set off against the interest.

    Regards

    March 2, 2016 at 1:34 pm #303021
    boma77
    Member
    • Topics: 70
    • Replies: 97
    • ☆☆

    I have moved the question to the ask the tutor section.

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