How to round in Personal Tax Exam

tpowell

Hi does anyone know if you are deducted points for rounding up or down when the exam answer is in whole numbers? I have noticed during the practice exams sometimes you knock the pence of and other times you round to the nearest whole number.
I have my Personal Tax exam Thursday.

Be very thankful for any advice

ChristianB

Hi @tpowell

Assessments for Personal Tax (PTAX) support answers which are either rounded up or down where appropriate. If rounding in a specific way is required, there will always be an instruction to this end.

This is also the case for the other tax assessments, Business Tax (BTAX) and Indirect Tax (ITAX).

Good luck for Thursday.

Regards

tpowell

Thank you @ChristianB this makes things a lot clearer.