Home For AAT student members AQ 2013 AAT Level 4 (Level 8 in Scotland)

Personal Tax Rounding

The PTAX exam asks for answers in "whole pounds". Do we round to the nearest pound or just leave off the pence figure as per boxes 6-9 on a VAT return?

e.g. if I work out a taxable benefit as £2107.80, do I put £2107 or £2108 or are both acceptable?

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