ACCA Applied Skills · Taxation (UK) · The scope of the taxation of capital gains
Which of the following Student Accountant articles is stated in the TX-UK examinable documents as being updated each year for changes in the Finance Act?
Chargeable gains (Parts 1 and 2) is the article listed as updated each year for changes in the Finance Act. The other three options are general exam technique articles that are not in the annually updated list in the TX-UK examinable documents.
- AChargeable gains (Parts 1 and 2)Correct
- BAdjustment of profit questions
- CObjective test questions
- DHigher skills
Explanation
The examinable documents list the articles updated each year for Finance Act changes: Inheritance tax, Chargeable gains, Value added tax, Groups, Benefits and Cars. Adjustment of profit questions, Objective test questions and Higher skills are listed as general articles and are not in the annually updated list.
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