冲刺阶段tx千人模考直播讲义

UKPartSectionAFortheyearended31March2020,Sizeable hadtaxabletotalprofitsof£820,000andfortheyearended31March2021hadtaxabletotalprofitsof£970,000.Theprofitsaccrueevenlythroughouttheyear. hashadone51% formanyHowwill payitscorporationtaxliabilityfortheyearended31MarchNineinstalmentsof£15,580andabalancingpaymentofFourinstalmentsofOnepaymentofFourinstalmentsof£38,950andabalancingpaymentofBy交CT:instalmentone150万大小公司分界线会受到AP长度和51% 个数的影响成为大公司的第一年且Augmentedprofits≤10m的话，依旧onepayment；连续两年大公司才需要On26November2020,Alicesoldanantiquetablefor£8,700.Theantiquetablehadbeenpurchasedon16May2014for£3,800.WhatisAlice'schargeablegaininrespectofthedisposaloftheantique

By6000 最多的点Cost6000,Proceedslowerof:(1)normal(2)5/3*(grossproceeds-Forthequarterended31March2021,Farohadstandardratedsalesof£49,750andstandardratedexpensesof£22,750.Bothfiguresareexclusiveofvalueaddedtax(VAT).FarousestheflatrateschemetocalculatetheamountofVATpayable,withtherelevantschemepercentageforhertradebeing12%.ThepercentagereductionforthefirstyearofVATregistrationisnotavailable.HowmuchVATwillFarohavetopaytoHMRevenue6Customs(HMRC)forthequarterended31March2021?ByByflatrateinclusivenoinput hashadthefollowingProfit/(loss)Yearended31DecemberFour-monthperiodended31DecemberYearended31August doesnothaveanyotherHowmuchofMoon 'stradinglossfortheyearended31December2020canberelievedagainstitstotalprofitsof£96,000fortheyearended31August2019?PartSectionBDelroyandOn10January2021,Delroymadeagiftof25,000£1ordinarysharesin ,anunquoted,tohisson,Grant.Themarketvalueofthesharesonthatdatewas£240,000.Delroyhadsubscribedforthe25,000sharesinDub atparon1July2008.DelroyandGranthaveelectedtoholdoverthegainasagiftofabusinessasset.Grantsoldthe25,000sharesin on18March2021for hasasharecapitalof100,000£1ordinaryshares.Delroywasthesalesdirectorofthefromitsincorporationon1July2008until10January2021.GranthasneverbeenanemployeeoradirectorofDub 注意businessassetdisposalrelief/investor’srelief的10%低税率！Forthetaxyear2020/21DelroyandGrantarebothhigherratetaxpayers.Theyhaveeachmadedisposalsofassetsduringthetaxyear2020/21,andthereforetheyhavebothalreadyutilisedtheirannualexemptamountsforthisyear. MarlonandOn28March2021,Marlonsoldaresidentialpropertyfor£497,000,whichhehadownedindividually.Thepropertyhadbeenpurchasedon22October2004for£152,600.ThroughouttheperiodofownershipthepropertywasoccupiedbyMarlonandhiswife,Alvita,astheirmainresidence.One-thirdofthepropertywasalwaysusedexclusivelyforbusinesspurposesbythecouple.Businessassetdisposalreliefisnotavailableinrespectofthisdisposal.注意找到taxable决定CGTForthetaxyear2020/21,Marlonisahigherratetaxpayer,butAlvitadidnothaveanye.Thiswillremainthecaseforthetaxyear2021/22.Neitherofthemhasmadeanydisposalsofassetsduringthe WhatistheamountofCGTthatcouldhavebeensavedifMarlonhadtransferred50%ownershipoftheresidentialpropertytoAlvitapriortoitsdisposal? 以它卖28%AE12300受，比起这个人原来自己交28%1230012300*28%=3444的部分；Transfer50%ownership会带来 即每人承担57400，已知丈夫是higherratetaxpayer，妻子是Basicratetaxpayer，两人本年的AE都做了这笔transfer后税赋为：(57,400-12300)*28%=12628；因此，丈夫做了这笔transfer会导致他的税赋下降28700-12628=16072 税赋为 因此，丈夫做了这笔transfer会导致妻子的税赋上升8878② 净影响为节税16072-IHT:Q21-Opalisaged71andhasachargeableestateforinheritancetax(IHT)purposesvaluedat£950,000.Sheownstwoinvestmentpropertiesrespectivelyvaluedat£374,000and£442,000.Thefirstpropertyhasanoutstandingrepaymentmortgageof£160,000,andthesecondpropertyhasanoutstandingendowmentmortgageof£92,000.Opalowes£22,400inrespectof alloanfromabank,andshehasalsoverballypromisedtopaylegalfees£4,600incurredbyhernephew.Opalexpectsthecostofherfuneraltobe£5,200,andthiscostwillbecoveredby£6,000shehasinvestedinanindividualsavingsaccountUnderthetermsofherwill,Opalhasleftallofherestatetoherchildren.Opal'shusbandisstillOn14August2011,Opalhadmadeagiftof£100,000toherdaughter,andon7November2020,shemadeagift£220,000toherson.Boththesefiguresareafterdeductingallavailableexemptions.Thenilratebandforthetaxyear2011/12is£325,000.YoushouldassumethatboththevalueofOpal’sestateandthenilratebandwillremainunchangedforfutureWhatamountofIHTwillbepayableinrespectofOpal'schargeableestatevaluedat£950,000wereshetodieon20March2021?

ByDeathestate的7yearsaccumulation（占用rateband的部分），看的是 的PETs&grossCLTs本题没有residencenilrateband，因为没有转让mainresidence Step 日（2021.3.20）前七年7yearsStep2:Nilratebandavailable=325000-220000=105000Step3:valueofestate=950000Step4:IHTliability105000*0%=0(950000-105000)*40%=TotalIHTliability=0=ByhowmuchwouldtheIHTpayableonOpal'sdeathbereducedifsheweretoliveforanothersevenyearsuntil20March2028,comparedtoifsheweretodieon20March2021?ThefollowinginformationisavailableinrespectofGlacier 'svalueaddedtax(VAT)forthequarterended31March2021:swereissuedforsalesof£44,600toVATregisteredcustomers.Ofthisfigure,£35,200wasinrespectofexemptsalesandthebalanceinrespectofstandardratedsales.Thestandardratedsalesfigureisexclusiveof

Inadditiontotheabove,on1March2021Glacier issuedaVAT for£8,000plusVATof£1,600toaVATregisteredcustomerinrespectofacontractwhichwillbecompletedon15April2021.Thecustomerpaidforthecontractintwoinstalmentsof£4,800on31March2021and30April2021.Themanagingdirectorof isprovided fuelfor agedriveninmotorcar.Duringthequarterended31March2021,thetotalcostoffuelforbusinessand age£720,ofwhich£270wasfor age.Therelevantquarterlyscalechargeis£406Alloftheseareinclusiveof Forthequartersended30September2019and30June2020,Glacier wasonemonthlateinsubmittingitsVATreturnsandinpayingtherelatedVATliabilities.Allofthe 'sotherVATreturnshavebeensubmittedontime.PartSectionC&Youshouldassumethattoday’sdateis1MarchSarahiscurrentlyself-employed.Ifshecontinuestotradeonaself-employedbasis,heretaxliabilityandnationalinsurancecontributions(NIC)forthetaxyear2020/21willbeHowever,Sarahisconsideringincorporatingherbusinesson6April2020.Theforecasttaxabletotalprofitsofthenewlimited fortheyearended5April2021willbe£50,000(beforetakingaccountofanydirector'sremuneration).Sarahwillpayherselfgrossdirector'sremunerationof£30,000anddividendsof£10,000.Thebalanceoftheprofitswillremainundrawnwithinthe Determinewhetherornottherewillbeanoverallsavingoftaxandnationalinsurancecontributions(NIC)fortheyearended5April2021ifSarahincorporatesherbusinesson6AprilYouareexpectedtocalculatetheetaxpayablebySarah,theClass1NICpayablebySarahandthenewlimited ,andthecorporationtaxliabilityofthenewlimited fortheyearended5April2021.(b)AdviseSarahastowhyherproposedbasisofextractingprofitsfromthenewlimited isnotoptimumfortaxpurposes,andsuggesthowthemixofdirector'sremunerationanddividendscouldthereforebeimproved.Note.YouarenotexpectedtocalculateanyrevisedtaxorNIC(2(Total=10情况1：题干直接给了情境以及对应的税——这个人作 户经营，也就是个税中学的self-2：自己开公司，就是最前面交代的情境，5000030000当做工资，10000公司5000030000的工资，10000class1NIC30000的工资是可以从利润中抵减的费用，dividend分红是不能从企税利润中减去的，给员工交的class1secondaryNIC是可以抵减的。本题的NIC应纳税金额30000，这笔NIC算出来是2927，综上，企税的作为个人，他收到了公司给的工资30000是NSI的应纳 入，分红10000是DI的应纳 应的个税为4100，而因为这30000的工资自己要给自己交的class1primaryNIC是2460.情况24100NIC24603244，④企业给员工交的NIC2927，总和是12731；a30000，dividend10000是不合适的，题目问为何不合适。①这个分类中，remuneration太高 salaryEINSI中的一种，它本身的税率就是比DI更高的，比如同在basicrateband，NSI纳税，DI却只按7.5%纳税，每一级别的税率，NSI都是高于DI的，且DI有2000的零 次，remunerationclass1NICcashearning一增加，class1primary和class1secondary都会跟着增加，②分析dividenddividendNICdividendremuneration效果是更明显的，本题明显是remuneration分多了，如果调整一下remuneration和dividend的比例，让remuneration少点，dividend多点一定会比现在更节税。Q31个 题思路梳ThisscenariorelatestotwoOn6April2020,SimoncommencedinpartnershipwithArt,preparingaccountsto30April.Thefollowinginformationisavailableforthetaxyear2020/21:Duringthetaxyear2020/21,SimonwaspaidagrossannualsalaryofThroughoutthetaxyear2020/21,Echo providedSimonwithlivingmodation.The purchasedthepropertyin2008for£89,000,anditwasvaluedat£143,000on6April2020.Theannualvalueofthepropertyis£4,600.Thepropertywasfurnishedby duringMarch2020atacost£9,400.ThelivingmodationisnotjobOn1December2020,Echo providedSimonwithaninterest- loanof£84,000,whichheusedtopurchaseaholidaycottage.Thepartnership'staxadjustedtradingprofitforthefour-monthperiodended30April2021is£29,700.Thisfigureisbeforetakingaccountofcapitalallowances.Theonlyitemof ntandmachineryownedbythepartnershipisamotorcarwhichcost£25,000on1February2021.ThemotorcarhasaCO2emissionrateof125gramsperkilometre.ItisusedbyArt,and40%ofthe ageisforprivatejourneys.Profitsareshared40%toSimonand60%toArt.Thisisafterpayinganannualsalaryof£6,000toPropertySimonownsa holdhousewhichisletoutfurnished.Thepropertywasletthroughoutthetaxyear2020/21atamonthlyrentof£660,allofwhichwasreceivedduringthetaxyear.Duringthetaxyear2020/21,Simonpaidcounciltaxandwaterratestotalling£1,320inrespectofproperty.Healsore cedtheproperty'swashingmachineduringMarch2021.Theoldwashingmachinewassoldfor£70,beingre cedbyawasher-dryercosting£970.Thecostofasimilarwashingmachinewouldhavebeen£730.CalculateSimon'staxableeforthetaxyear (13StateTWOadvantagesforthepartnershipofchoosing30Aprilasitsaccountingdateratherthan5(2(Total=15ByAdditionalcharge何时要计算inOriginalcost+Capitalexp.beforestartoftaxyear>Frompurchasetofirstprovidedvs6>6years,originalcost+capexpbeforestartoftaxyear-75,000)*<6years,(MVwhenfirstprovided+capexpafterfirstprovidedandbeforestartoftaxyear-75,000)*ByNancy：salary，注意主人公；By个人PBI默认cash置换新家具时，只有同等功能2021.1.1-2021.4.6-2022.4.6-2021.1.1-2021.1.1-2021.4.30&2021.5.1-Q32企 题思路梳ThefollowingscenariorelatestotwoYouareatraineeaccountantandyourmanagerhasaskedyoutocorrectacorporationtaxcomputationwhichhasbeenpreparedbythemanagingdirectorofNaive .Thecorporationtaxcomputationisfortheyearended31March2021andcontainsasignificantnumberoferrors: –Corporationtaxcomputationfortheyearended31March£Tradingprofit(workingLoaninterestreceived(workingCorporationtax(405,000atWorking1–Trading£ProfitbeforeDonationstopoliticalQualifyingcharitableLegalfeesinconnectionwiththeissueofloannotes(theloanwasusedtofinancethe'stradingactivities)EntertainingEntertainingGiftstocustomers(penscosting£40eachanddisyingNaive'sGiftstocustomers(foodhamperscosting£45eachanddisyingNaive'sCapitalallowances(workingTradingWorking2–Loaninterest£LoaninterestAccruedat1AprilAccruedat31MarchLoaninterestTheloanwasmadefornon-tradingWorking3–CapitalMain£Motor£Specialrate££Writtendownvalue(WDV)broughtMotorca