balance allowance习题练习及解析

发布时间：2020-08-05

ACCA考试习题，有小伙伴想要尝试的吗？下面51题库考试学习网就为大家分享一个balance allowance相关习题及解析，感兴趣的小伙伴赶紧来练练手一吧。

1、Edward King is trying to calculate his balancing payment/repayment for the tax year 2019–20, Information for 2019-20 includes the following:
Edward is employed by Stately Ltd as a marketing director.  During the tax year 2019–20, he was paid gross director’s remuneration of ￡179,000.
On 1 December 2019, Stately Ltd provided Edward with an interest-free loan which he used to purchase a holiday cottage. Stately Ltd has provided Edward with a home entertainment system for his personal use since 6 April 2016. The home entertainment system had been purchased by Stately Ltd on 6 April 2016 for ￡5,200. The company gave the home entertainment system to Edward on 6 April 2019 for no charge, although its market value at that time was ￡2,200.
During the tax year 2019–20, Edward contributed 4% of his gross director’s remuneration of ￡179,000 into Stately Ltd’s HM Revenue and Customs’ registered occupational pension scheme.  The company contributed a further 6% on his behalf.
During the tax year 2019–20, Edward donated ￡200 (gross) per month to charity under the payroll deduction scheme.
During the tax year 2019–20, Edward used his private motor car for business purposes.  He drove 12,000 miles in the performance of his duties for Stately Ltd, for which the company paid an allowance of 35p per mile.
On 1 January 2020, Edward paid a professional subscription to the Guild of Marketing, an HM Revenue and Customs’ approved professional body. 
For the tax year 2019–20, Stately Ltd deducted a total amount of ￡62,600 in PAYE from Edward’s earnings.

1 、What mileage allowance will be deducted in calculating Edward’s taxable income for the year 2019-20?

【正确答案】 (800)

【答案解析】

Mileage allowance received (12,000 × 35p)

4,200

Less：10,000 miles × 45p

 2,000 miles × 25p

4,500

500

–––––

(5,000)

–––––

（800）

–––––

【提问】：mileage allowance算出来是可以在员工的employment income中扣除800，写答案的时候一定要写（800）吗？可以写成800和-800都不行吗？

【回答】：在填空题中是要用-800表示，在表格题中一般会给出括号，同学直接填数字即可。

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以上是关于ACCA考试balance allowance习题练习及解析，如果大家想要了解到更多的关于统计师考试试题，敬请关注51题库考试学习网！

下面小编为大家准备了 ACCA考试 的相关考题，供大家学习参考。

6 Ordan received a statement from one of its suppliers, Alta, showing a balance due of $3,980. The amount due

according to the payables ledger account of Alta in Ordan’s records was only $230.

Comparison of the statement and the ledger account revealed the following differences:

1 A cheque sent by Ordan for $270 has not been allowed for in Alta’s statement.

2 Alta has not allowed for goods returned by Ordan $180.

3 Ordan made a contra entry, reducing the amount due to Alta by $3,200, for a balance due from Alta in Ordan’s

receivables ledger. No such entry has been made in Alta’s records.

What difference remains between the two companies’ records after adjusting for these items?

A $460

B $640

C $6,500

D $100

正确答案：D
3,980 – 270 – 180 – 3,200 = 330 : difference 100

(c) (i) Explain the capital gains tax (CGT) implications of a takeover where the consideration is in the form. of

shares (a ‘paper for paper’ transaction) stating any conditions that need to be satisfied. (4 marks)

正确答案：
(c) (i) Paper for paper rules
The proposed transaction broadly falls under the ‘paper for paper’ rules. Where this is the case, chargeable gains do not
arise. Instead, the new holding stands in the shoes (and inherits the base cost) of the original holding.
The company issuing the new shares must:
(i) end up with more than 25% of the ordinary share capital (or a majority of the voting power) of the old company,
OR
(ii) make a general offer to shareholders in the other company with a condition that, if satisfied, would give the
acquiring company control of the other company.
The exchange must be for bona fide commercial reasons and must not have as its main purpose (or one of its main
purposes) the avoidance of CGT or corporation tax. The acquiring company can obtain advance clearance from the
Inland Revenue that the conditions will be met.
If part of the offer consideration is in the form. of cash, a gain must be calculated using the part disposal rules. If the
cash received is not more than the higher of ￡3,000 or 5% of the total value on takeover, then the amount received in
cash can be deducted from the base cost of the securities under the small distribution rules.

(ii) Describe the evidence you would seek to support the assertion that development costs are technically

feasible. (3 marks)

正确答案：
(ii) Evidence supporting the assertion that development costs are technically feasible would include the following:
– Review the results of scientific tests performed on the products, for example, the results of animal or human testing
of the products.
– Discuss any detrimental results of these tests, e.g. harmful side effects, with the scientists working on the project
to determine what corrective action is being taken.
– Enquire whether any licences necessary for continued development and/or commercial production have been
granted by the appropriate regulatory body.
– Compare expected to actual development costs incurred per product being developed. Where actual costs are in
excess of expected costs investigate whether the extra costs have been incurred in order to make good any problems
identified in the development process.
– Review board minutes for relevant discussion of the product development taking place during the year.

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