by Neil Da Costa | Jun 24, 2023 | Uncategorized
Recently, I had a lovely surprise when I got to meet the muti-talented Linda Hickson whom I had not seen in several years. Linda left Kaplan to work in the public sector and with her natural enthusiasm and ability to get things done went on to become the Head of The...
by Neil Da Costa | Jun 22, 2023 | Uncategorized
One area I expect will feature in the ACCA Advanced Tax exam is overseas aspects for individuals.You need to learn the automatic residency statutory testsAutomatically non-resident if in the UK for less than 16 days (leavers), less than 46 days (arrivers) or less than...
by Neil Da Costa | Jun 13, 2023 | Uncategorized
One important area for Advanced Tax and BPT exams is buyback of shares. The important aspect to appreciate here is the taxpayer does not have the option of making an election. If the conditions are satisfied, then it is automatically treated as a capital gain. If the...
by Neil Da Costa | Jun 12, 2023 | Uncategorized
One of the areas due to be examined in the Advanced Tax exam is the substantial shareholding exemption. (SSE) It is firstly important to note that this is only available to companies to encourage mergers and acquisitions. When a company sells shares that satisfy 3...
by Neil Da Costa | Jun 3, 2023 | Uncategorized
A crucial area that I expect to feature in the forthcoming June 2023 Advanced Tax exam is Business Asset Disposal Relief (BAD relief) This is simply the new revised entrepreneur’s relief. It is available on the sale of a sole trader’s business assets (usually...
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