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FREE ACCA BOOKS F6 KAPLAN TEXT BOOK 2021-2022 - Acca BOOKS Lsbf Video Lectures Free Download

FREE ACCA BOOKS F6 KAPLAN TEXT BOOK 2021-2022 - Acca BOOKS Lsbf Video Lectures Free Download
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Although it makes sense to get in touch with FREE ACCA BOOKS F6 KAPLAN TEXT BOOK 2021-2022 - Acca BOOKS Lsbf Video Lectures Free Download a life insurance company to cover your dependents in the eventuality of your untimely death, there are integrity issues surrounding the insurance companies and agents. Broadly there can be 3 ways your life insurance company is scamming you. We have enlisted them for your benefit.

Selling Coverage that you don’t need!
The insurance companies thrive on the fact that most people don’t understand their life insurance needs. With standard products, they try to sell you coverage that you might not need, but, which are lucrative for them. The insurance agents expedite the process so that you skip the fine print and sign up for a coverage that is ill-suited to your needs. The trick is to play on your fear factor and sell you heavy insurance, even if you don’t have dependents.

Coaxing you to pay ‘Cash’
We strongly suggest, do not pay your premium through cash to an agent. Further, FREE ACCA BOOKS F6 KAPLAN TEXT BOOK 2021-2022 - Acca BOOKS Lsbf Video Lectures Free Download do ensure that you get a receipt for the payment. There are numerous fraudulent entities posing as genuine insurance agencies that extract hard cash from you in lieu of insurance premium. They ask you to sign at blank spaces in a form, assuring you that it is just a formality. Once you have fallen for their trick, you are left without an insurance coverage. The worst part is that most victims only come to know of this scam, when they have met with some mishap and there is not insurance to cover them.

Luring you with benefits!
Insurance agencies and agents have a way of promising you unbelievable benefits out a life insurance policy. Life insurance agents might offer you plans, with a guarantee that the policy would run premium-free for a specific period. Some agents play it smart and offer you great discounts for signing you up for a new policy, while replacing an old policy. The trick is that the old coverage gets terminated and new coverage does not get initiated due to the cumbersome procedural bottlenecks. Thus, exposing you to risk without cover.

1 Introduction

FREE ACCA F6 KAPLAN TEXT BOOK 2021-2022 - Acca Lsbf Video Lectures Free Download

Once the tax adjusted trading profit has been calculated for a period of account, FREE ACCA BOOKS F6 KAPLAN TEXT BOOK 2021-2022 - Acca BOOKS Lsbf Video Lectures Free Download it is important to identify in which tax year it will be assessed.{googleads}

  • Income tax is charged for a tax year (also referred to as or year of assessment) which runs from 6 April to the following 5 April.
  • Since traders do not necessarily prepare their accounts to coincide with the tax year, there needs to be a system for attributing profits earned in a period of account to a particular tax year.
  • The following basis of assessment rules apply regardless of whether the business uses the accruals basis or the cash basis for tax purposes.

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The profit earning (or loss making) period of account that is attributed to a particular tax year is known as the 'basis period' for that tax year.

  • In the examination, where the apportionment of tax adjusted trading profits into different tax years is required, the apportionment should be performed on a monthly basis as shown in all the examples below.

2 Ongoing year rules

The basic rule is:{googleads}

  • The profits for a tax year are the tax adjusted trading profits for the 12 month period of account ending in that tax year.
  • This is sometimes referred to as the current year basis of assessment (or CYB for short)

FREE ACCA F6 KAPLAN TEXT BOOK 2021-2022 - Acca Lsbf Video Lectures Free Download

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FREE ACCA F6 KAPLAN TEXT BOOK 2021-2022 - Acca Lsbf Video Lectures Free Download