PTC Past paper Wear & Tear
confoosed
Registered Posts: 38 Regular contributor ⭐
I'm doing the past PTC paper from December 2006 and in the answer to Task 2.1 they have wear and tear allowance against an unfurnished property and I also don't understand how they got the amount for Property 2. Can anyone help.
Thanks:huh:
Thanks:huh:
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Comments
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Hi
I think the wear and tear is only based on the second property:
Income x 10% =
£6000 x 10% = £600
It does look like is for both, but its actually in the column for the 2nd property... hope it helps...
:001_smile:0