QUOTE(nujikabane @ Mar 6 2012, 04:56 PM)
Thank you for the reply.
However, if the person owns a company, what are the items that he needs to indicate in the business column?
Say, the business year end is 31 December, but the person (as an individual needs to submit individual tax return by 30-Apr-2012.
Does the needs to apportion the director's remuneration?
And in the case of dividends payout, does he needs to indicate that in the personal tax return, as have not know whether the company is going to give out dividends? Or does the dividends be declared in the following year's tax return?
Kindly advice, thanks.
if u mean personal income tax computation..
u should include stuffs like adjusted income, cap/bal allowance and bal charge to get statutory income from business s4(a)..and tis is only applicable to sole proprietor..
for partnership its another diff thing coz u nid to get ur provisional adjusted income and divisional income to complete ur s4(a) income in ur personal tax compt..
director's remuneration is s13(1)(a)..div normally is tax exempt
Added on March 7, 2012, 4:11 pmQUOTE(VijayHari @ Mar 7 2012, 03:54 PM)
Nope. I'm pretty sure. The past year questions from the current acca syllabus(2007 onwards) are easy to locate. But the ones from before 2007 are no longer hosted on acca site. Hopefully someone knows some other site which has it.
u r right man...
cant find the old syllabus past yr papers d..
mayb v should send an email to acca to request for them
This post has been edited by thgoh: Mar 7 2012, 04:11 PM