Final Assessment

ACCA FINAL ASSESSMENT

Taxation

JUNE 2009QUESTION PAPER

Time allowed

3 hours

15 minutes

Reading and planning: 15 minutesWriting: 3 hours

Answer all questions

Tax rates and allowances are on pages 3 – 5

Do not open this paper until instructed by the supervisor This question paper must not be removed from the examinationhall

Kaplan Publishing/Kaplan Financial

KAPLAN PUBLISHING Page 1 of 13

ACCA F6 Taxation © Kaplan Financial Limited, 2008All rights reserved. No part of this examination may be reproduced or transmitted in any formor by any means, electronic or mechanical, including photocopying, recording, or by anyinformation storage and retrieval system, without prior permission from Kaplan Publishing.Page 2 of 13 KAPLAN PUBLISHING

Final Assessment

Supplementary Instructions

1. Calculations and workings need only be made to the nearest £.2. All apportionments should be made to the nearest month.3. All workings should be shown.

The following tax rates and allowances are to be used

INCOME TAX

%Basic rate £1 to £34,800 20Higher rate £34,801 and above 40

Personal allowances

Personal allowance Standard £6,035Personal allowance 65 – 74 £9,030Personal allowance 75 and over £9,180Income limit for age related allowances £21,800

Cars benefit percentage

The base level of CO

emission is 135 grams per kilometre

Car fuel benefit

The base level figure for calculating car fuel benefit is £16,900

Personal pension contribution limits

Annual allowance £235,000The maximum contribution that can qualify for tax relief without any earnings is £3,600KAPLAN PUBLISHING Page 3 of 13