Business tax Kaplan / BPP

kittycat

Hi everyone,

Am studying distance learning with Kaplan but have bought BPP tax book as well for the practise papers at the back, as like others am struggling with doing the old AAT past papers.

However have just started BPP first practise exam and have noticed that when they do capital allowances they have set it out completely different to Kaplan and AAT so i get completely different answers. For example FYA is at the top whereas i understood that came last. Surely they should all be set out the same OR AM I MISSING SOMETHING.

Please let me know if i am making a big mistake

Thanks
Kittycat XX

A-Vic

i also work out FYA last as it stops you working out 20% when you transfer the remaining balance :-

pirate

Hiya

I dont think it matters.
I did a revision course for BTC on sunday and the layout in the revision did the FYA and AIA first, it was just the way the instructor teaches it.
So long as the answer for WDV c/fwd and the Capital Allowances are the same thats the main thing.
She told us that whatever layout you have learnt you should use, the marks come from the figures.

HTH.

Karen

Bluewednesday

kittycat wrote: »

Hi everyone,

Am studying distance learning with Kaplan but have bought BPP tax book as well for the practise papers at the back, as like others am struggling with doing the old AAT past papers.

However have just started BPP first practise exam and have noticed that when they do capital allowances they have set it out completely different to Kaplan and AAT so i get completely different answers. For example FYA is at the top whereas i understood that came last. Surely they should all be set out the same OR AM I MISSING SOMETHING.

Please let me know if i am making a big mistake

Thanks
Kittycat XX

They may be set out differently but the answers should come out the same.

Which one comes out differently, can you post it here?

pirate

Hey kittykat

which one are you doing as I have this book so can take a look and see if there is anything wrong

K

kittycat

Hi Everyone,

Thanks for all your help. I have printed Avic's table off and with that and the fact that i now know the answers should come out the same, i will have another go and see what happens. Think i must have missed something and that is what made me panic.

i am doing the first practice exam in the BPP book task 1.2.

Once again thanks to all that helped me, much appreciated.

Good luck next month.

Kittycat xx

A-Vic

Like blue said you can work it different ways and end up with the same answer like attached just work out the best way for you - personally for the exam i want to do the table way just in case they ask for balance to be brought forward.

All the best for the exam


Vic

kittycat

Have looked at it again and used the table form and realised my mistake. I gave FYA and WDA.

Hopefully won't make that mistake again.

Thanks A-Vic

Kittycat
XX