ACCA考试F6税务（United+Kingdom）真题2014年12月及答案解析.doc

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1、ACCA 考试 F6 税务（United+Kingdom）真题 2014 年 12 月及答案解析(总分：100.00，做题时间：180 分钟)一、*(总题数：1，分数：0.00)二、ALL FIVE questions a(总题数：5，分数：100.00)(a) Alfred and Edward King are brothers. They are trying to calculate their balancing payments for the tax year 201314, and the following information is available: Alfred K

2、ing (1) Alfred was born on 14 June 1953. (2) He has been in partnership with Anne Royal and Mary Regal running a retail shop since 6 April 2004, but Mary resigned as a partner on 1 January 2014. (3) The partnerships tax adjusted trading profit for the year ended 5 April 2014 is 228,000. This figure

3、is taking account of capital allowances. (4) The tax written down value of the partnerships capital allowances main pool at 6 April 2013 was 10,000.The only capital expenditure during the year ended 5 April 2014 was the cost of 82,000 for refurbishing the second floor of the partnerships shop during

4、 January 2014. The cost was made up as follows: （分数：30.00）(1).(a) Calculate Alfred and Edward Kings respective balancing payments for the tax year 201314. Notes 1. You should take account of class 4 national insurance contributions when calculating the balancing payment for Alfred King. 2. The follo

5、wing mark allocation is provided as guidance for this requirement: Alfred (125 marks) Edward (105 marks)（分数：10.00）_(2).(b) For the tax year 201314, Alfred wants to file his self-assessment tax return online, whilst Edward wants to file a paper tax return and have HM Revenue and Customs prepare a sel

6、f-assessment on his behalf. Required: (i) Advise Alfred and Edward King of the latest dates by which their respective self-assessment tax returns for the tax year 201314 should be filed given their stated preferences.(2 marks) (ii) Advise Alfred and Edward King as to how long they must retain the re

7、cords used in preparing their respective tax returns for the tax year 201314. Note: You should ignore the possibility of HM Revenue and Customs carrying out a compliance check.(2 marks)（分数：10.00）_(3).(c) The partnership of Alfred King and Anne Royal is planning to replace Mary Regal by employing eit

8、her one full-time employee or two part-time employees. A full-time employee would be paid a gross annual salary of 22,000, whilst the part-time employees would each be paid gross annual salaries of 11,450. Alfred would prefer to employ two part-time employees, but is concerned that this will be more

9、 expensive. Required: Explain to Alfred King why employing two part-time employees will not be any more expensive than employing one full-time employee. Note: You should include calculations to support your explanation, and should confine your answer to the information given in this part of the ques

10、tion.(3 marks)（分数：10.00）_(1). （分数：12.50）_(2). （分数：12.50）_（分数：15.00）(1).(a) Explain why Patrick and Emily Grant will both be treated as resident in the United Kingdom for the tax year 201314.(3 marks)（分数：7.50）_(2).(b) Assuming that the disposal is made during January 2014, advise Patrick and Emily Gr

11、ant as to which of the three alternative disposals will result in the highest net proceeds after taking account of capital gains tax. Notes: 1. For each of the three alternative disposals, your answer should be supported by a calculation of the capital gains tax due for the tax year 201314. 2. You a

12、re not expected to consider any possible tax planning. (12 marks)（分数：7.50）_(1).(a) Accra Ltd runs a business selling African vegetables to restaurants. The companys trading profit for the year ended 31 March 2014 was 244,000. On 1 April 2013, Accra Ltd set up a 100% owned subsidiary company, Banjul

13、Ltd, to run a retail shop selling African food products. Banjul Ltds trading profit for the year ended 31 March 2014 was 36,000. Neither company has any other income or any other associated companies. Required: Calculate the overall corporation tax saving for the year ended 31 March 2014 if, rather

14、than setting up Banjul Ltd as a subsidiary company, the retail shop had instead been run by Accra Ltd as part of its existing business. Note: You should assume that the trading profits of 244,000 and 36,000 would have remained the same.(4 marks)（分数：5.00）_(2).(b) Cairo Ltd runs a business promoting A

15、frican music. The companys taxable total profits for the year ended 31 March 2014 were 87,000. Cairo Ltd has owned 100% of the ordinary share capital of Dakar Ltd since it began trading on 1 December 2012, running a music recording studio. Dakar Ltds results for the year ended 30 November 2013 and f

16、or the four-month period ended 31 March 2014 are as follows: （分数：5.00）_(3).Kigali Ltd is the holding company for a group of companies. The group structure is as follows: （分数：5.00）_You should assume that todays date is 15 March 2014. （分数：15.00）(1).(a) Calculate the amount of the inheritance which Tob

17、ias will have received (after tax) from his aunt Mildreds permitted to make for the tax year 201314, and how much of this maximum contribution will qualify for tax relief. (7 marks)（分数：3.75）_(2).(b) Advise Tobias of the maximum amount of additional gross personal pension contribution which he is per

18、mitted to make for the tax year 201314, and how much of this maximum contribution will qualify for tax relief.(3 marks)（分数：3.75）_(3).(c) Explain, with supporting calculations where necessary, the inheritance tax implications if Tobias makes a cash gift of 100,000 to his daughter when she gets marrie

19、d.(3 marks)（分数：3.75）_(4).(d) Advise Tobias as to what options he has as regards making full use of his individual savings account limits for the tax year 201314. (2 marks)（分数：3.75）_ACCA 考试 F6 税务（United+Kingdom）真题 2014 年 12 月答案解析(总分：100.00，做题时间：180 分钟)一、*(总题数：1，分数：0.00)二、ALL FIVE questions a(总题数：5，分数

20、：100.00)(a) Alfred and Edward King are brothers. They are trying to calculate their balancing payments for the tax year 201314, and the following information is available: Alfred King (1) Alfred was born on 14 June 1953. (2) He has been in partnership with Anne Royal and Mary Regal running a retail

21、shop since 6 April 2004, but Mary resigned as a partner on 1 January 2014. (3) The partnerships tax adjusted trading profit for the year ended 5 April 2014 is 228,000. This figure is taking account of capital allowances. (4) The tax written down value of the partnerships capital allowances main pool

22、 at 6 April 2013 was 10,000.The only capital expenditure during the year ended 5 April 2014 was the cost of 82,000 for refurbishing the second floor of the partnerships shop during January 2014. The cost was made up as follows: （分数：30.00）(1).(a) Calculate Alfred and Edward Kings respective balancing

23、 payments for the tax year 201314. Notes 1. You should take account of class 4 national insurance contributions when calculating the balancing payment for Alfred King. 2. The following mark allocation is provided as guidance for this requirement: Alfred (125 marks) Edward (105 marks)（分数：10.00）_正确答案：

24、( )解析：(2).(b) For the tax year 201314, Alfred wants to file his self-assessment tax return online, whilst Edward wants to file a paper tax return and have HM Revenue and Customs prepare a self-assessment on his behalf. Required: (i) Advise Alfred and Edward King of the latest dates by which their re

25、spective self-assessment tax returns for the tax year 201314 should be filed given their stated preferences.(2 marks) (ii) Advise Alfred and Edward King as to how long they must retain the records used in preparing their respective tax returns for the tax year 201314. Note: You should ignore the pos

26、sibility of HM Revenue and Customs carrying out a compliance check.(2 marks)（分数：10.00）_正确答案：( )解析：(3).(c) The partnership of Alfred King and Anne Royal is planning to replace Mary Regal by employing either one full-time employee or two part-time employees. A full-time employee would be paid a gross

27、annual salary of 22,000, whilst the part-time employees would each be paid gross annual salaries of 11,450. Alfred would prefer to employ two part-time employees, but is concerned that this will be more expensive. Required: Explain to Alfred King why employing two part-time employees will not be any

28、 more expensive than employing one full-time employee. Note: You should include calculations to support your explanation, and should confine your answer to the information given in this part of the question.(3 marks)（分数：10.00）_正确答案：( )解析：(1). （分数：12.50）_正确答案：( )解析：(2). （分数：12.50）_正确答案：( )解析：（分数：15.0

29、0）(1).(a) Explain why Patrick and Emily Grant will both be treated as resident in the United Kingdom for the tax year 201314.(3 marks)（分数：7.50）_正确答案：( )解析：(2).(b) Assuming that the disposal is made during January 2014, advise Patrick and Emily Grant as to which of the three alternative disposals wil

30、l result in the highest net proceeds after taking account of capital gains tax. Notes: 1. For each of the three alternative disposals, your answer should be supported by a calculation of the capital gains tax due for the tax year 201314. 2. You are not expected to consider any possible tax planning.

31、 (12 marks)（分数：7.50）_正确答案：( )解析：(1).(a) Accra Ltd runs a business selling African vegetables to restaurants. The companys trading profit for the year ended 31 March 2014 was 244,000. On 1 April 2013, Accra Ltd set up a 100% owned subsidiary company, Banjul Ltd, to run a retail shop selling African f

32、ood products. Banjul Ltds trading profit for the year ended 31 March 2014 was 36,000. Neither company has any other income or any other associated companies. Required: Calculate the overall corporation tax saving for the year ended 31 March 2014 if, rather than setting up Banjul Ltd as a subsidiary

33、company, the retail shop had instead been run by Accra Ltd as part of its existing business. Note: You should assume that the trading profits of 244,000 and 36,000 would have remained the same.(4 marks)（分数：5.00）_正确答案：( )解析：(2).(b) Cairo Ltd runs a business promoting African music. The companys taxab

34、le total profits for the year ended 31 March 2014 were 87,000. Cairo Ltd has owned 100% of the ordinary share capital of Dakar Ltd since it began trading on 1 December 2012, running a music recording studio. Dakar Ltds results for the year ended 30 November 2013 and for the four-month period ended 3

35、1 March 2014 are as follows: （分数：5.00）_正确答案：( )解析：(3).Kigali Ltd is the holding company for a group of companies. The group structure is as follows: （分数：5.00）_正确答案：( )解析：You should assume that todays date is 15 March 2014. （分数：15.00）(1).(a) Calculate the amount of the inheritance which Tobias will h

36、ave received (after tax) from his aunt Mildreds permitted to make for the tax year 201314, and how much of this maximum contribution will qualify for tax relief. (7 marks)（分数：3.75）_正确答案：( )解析：(2).(b) Advise Tobias of the maximum amount of additional gross personal pension contribution which he is pe

37、rmitted to make for the tax year 201314, and how much of this maximum contribution will qualify for tax relief.(3 marks)（分数：3.75）_正确答案：( )解析：(3).(c) Explain, with supporting calculations where necessary, the inheritance tax implications if Tobias makes a cash gift of 100,000 to his daughter when she gets married.(3 marks)（分数：3.75）_正确答案：( )解析：(4).(d) Advise Tobias as to what options he has as regards making full use of his individual savings account limits for the tax year 201314. (2 marks)（分数：3.75）_正确答案：( )解析：