Anyone got any PTC Revision Tips

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:25AM in AAT student discussion
Hi all,

Anyone got any tips?

Salma was spot on with dividends for BTC.

Good luck all

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Anyone got any PTC Revision Tips

    Pensions might be worth a look...

    Regards

    Dean
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Anyone got any PTC Revision Tips

    Afternoon Dean,

    Will have a look at pensions later - cheers.

    Em
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Anyone got any PTC Revision Tips

    Can I just check the following about pensions:

    1) Employers pension contributions are ignored.
    2) Employees contributions to a work pension are deducted from the Employment Income.
    3) Contributions to a non-work pension are left out of the Employment Income calculation, but the grossed up figure is used to raise the basic tax band maximum like gift aid.

    Is this correct?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Anyone got any PTC Revision Tips

    Jane,

    That's my understanding. Although with the amount of mistakes I have made in the BTC I wouldn't take my word as 100% accurate.

    Em
Privacy Policy