[Alice1013]

The building was given in 2020~ so it’s within the time limit 3 years when Spa ltd left the group but it’s fine I think it was only 3 marks
I can’t remember the detail now as well haha

[Alice1013]

For EMI it was issued at discounted rate you will have to pay Income tax it is the only tax advantage scheme that need to pay income tax. The difference is MV 7.8- exercise price 5.5 times the share amount which I can’t remember and added to the income of that person then calculate the income tax.

And no capital tax payable if it is an immediate sell

But I think I have missed the part about NIC

[Alice1013]

I went straight to Q1 it seems pretty easy it asked about SSE and Degroup charge capital losses and SDLT which I just refer to the table. then Q2 seems to be need a lot of time but I know how to do it so I skipped it and went straight to Q3 took me most of the time and then Q4 I finished the first half of Q4 because I’m not quite sure how to answer the VAt question went straight back into Q2 asked about capital gain tax and inheritance tax easy marks and still got 25mins left for remaining Q4

I wrote about it needs to pass the 3 test to be fully recover blah blah and part D I calculated the salary for ingrin which is also very easy and compare IT with the profit after deduction of lease. Could be wrong but whatever haha exam is done

Was a decent exam easier than I thought not a lot of personal benefit which I hated the most xD

[Alice1013]

For additional business property relief you need to be business trading assets. Owned more than 2 years anywhere in the world

One question I can’t remember which question it is but the owner rent out the property for his own business use does it count as investment or business asset ?

I do not think GIft holder relief available on investment just confirming

[Alice1013]

I talked about restructuring provision if it’s one of the point lol

[Alice1013]

Ohhh I see.. so it’s the same.

[Alice1013]

It feels like the international version is much easier ? I hope they separate the passing rate for each variant

[Alice1013]

UK version:
Q1 how do you calculate analytical procedure with geographical information only ?? Just comparing the revenue made for each area ? And the information provided completely different… you really have to spend a lot of time reading it and not sure if I have enough points….

Question 2 was a disaster.

Nothing Q1 or Q2 similar to mock or anything on my kaplan I booked the Tuition revision and QBD, none of the question like this.

Legit hardest paper.

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