AAT AQ2016 Sample Assessment Test 1 Question 6

KAF

Hi Everyone,

Could somebody assist me on how the £4200 is made up? I know it has something to do with property income but thought it would be the 57k minus the 35k minus the 6.2k mentioned in the property income line. Any help would be welcome.

thanks

Kojo

Krisso

Is the £4200 not made up of the dividends and Building Society Interest?

Pian32

The £4,200 is the Dividend and BSI as these have other allowances that would be applied and in the case of dividend a different rate (if there had been enough)

KAF

Thank you both