PTC - PPR

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Dec 2004 task 2.1 answer states ownership 218 months, exempt 174, leaving 44 chargeable.<BR>Anyone know how the 44 chargable is arrived at???

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    PTC - PPR

    FOR SOME REASON YOU HAVE TO TAKE OFF ANOTHER 36 MONTHS AS WELL AS THE 36 ALREADY THAT YOU SHOULD HAVE TAKEN OFF. I DON'T UNDERSTAND IT MYSELF, BUT THATS HOW ITS DONE. I'VE READY IN MY BOOK (BPP) AND WHAT I CAN RATHER YOU SHOULD ONLY TAKE OFF THE LAST 36 MONTH ONCE.<BR><BR>UNLESS ITS AN ERROR. IT WOULDN'T SURPRISE ME AFTER SEEING TWO MISTAKE IN AAT'S EXAMS THIS JUNE.<BR><BR>UNLESS ANYONE ELSE KNOW WHY IT IS CALCULATED LIKE THIS. i WOULD LIKE TO KNOW TOO?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PTC - PPR

    They have worked out the total ownership as being 218 months.<BR><BR>Periods of exemption include the final 36 months, the period of employment abroad, you can also claim absences up to 36 months in a row.<BR><BR>This leaves 44 months chargeable.<BR><BR>Scott.<BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PTC - PPR

    Ok, i think i get it. I've have to read my book again to see if i read it wrong then. Sometimes these book confuse me. its like they speak a different lanuage. If only we could get a book that talks in english as well as teaching us the right way to do things!!!<BR><BR>Cheers!!<BR><BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PTC - PPR

    I can calculate the 218 months no problem, but still confused as to what to wse to calculate the 44 ???? i must be thick
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PTC - PPR

    The total owned period of time is 1/10/86 - 30/11/04 totals 218 months.<BR>lived in from 1/10/86 til 31/1/89 total of 28 months - exempt.<BR>lived out from 1/2/89 for 2 years - 24 months exempt (any period of employment abroad is exempt).<BR>lived in from 1/2/91 to 1/4/95 - 50 months exempt.<BR>lived out from 1/4/95 to 1/4/04 - 108 months of which 36 are exempt. This is because any 3 year period of <BR>absence is exempt as long as it has a period of absence either side! (hope that makes sense).<BR>Finally the last 3 years of ownership is also exempt.<BR>Total ownership 218 less 174 equals 44.

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