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which personal allowance for September 2019 sitting

Forums › ACCA Forums › ACCA TX Taxation Forums › which personal allowance for September 2019 sitting

  • This topic has 2 replies, 3 voices, and was last updated 6 years ago by handsdlh.
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  • June 1, 2019 at 3:31 pm #518218
    kingkongsajang
    Member
    • Topics: 95
    • Replies: 75
    • ☆☆

    What is the personal allowance we are using for September 2019 taxation exam?

    the government website says £12,500 but its £11,850 in the lecture and ACCA’s finance act 2018 so im confused

    June 1, 2019 at 7:15 pm #518292
    f6ali
    Member
    • Topics: 10
    • Replies: 342
    • ☆☆☆

    You have to use the figure used in lectures. The Finance Act 2018 is to be tested in June 19 sitting, which is also the basis of lectures.
    You can also confirm it from the following article published by the examining team.

    https://www.accaglobal.com/pk/en/student/exam-support-resources/fundamentals-exams-study-resources/f6/technical-articles/finance-act-2018.html

    June 2, 2019 at 7:39 pm #518439
    handsdlh
    Member
    • Topics: 0
    • Replies: 18
    • ☆

    Your examined under the FA 2018 so 11850 is what you will use

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