Business tax paper Dec 2004 task 2.3
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Please help I am taking the business tax exam on Tuesday 6th December 05 and when working through the past paper
TASK 2.3
There is an amount included in PCTCT Deduct CHARGE ON INCOME £3500 what is this ???
The only figure we can see is £3500 that is Gift Aid
How can this be charge on income I don't get it. My tutor doesn't know either, but then again she doesn't kow anything the whole course is a joke the teachers are are us the answers £300 to self learn its crazy.
If anyone has done the paper and can explain if the £3500 does relate to gift aid then how is that a charge on income?
Please help
TASK 2.3
There is an amount included in PCTCT Deduct CHARGE ON INCOME £3500 what is this ???
The only figure we can see is £3500 that is Gift Aid
How can this be charge on income I don't get it. My tutor doesn't know either, but then again she doesn't kow anything the whole course is a joke the teachers are are us the answers £300 to self learn its crazy.
If anyone has done the paper and can explain if the £3500 does relate to gift aid then how is that a charge on income?
Please help
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