PTC - june 2007 paper

[pensilnek]

Just wondering if someone can make sense of this.

In the June 2007 paper, In question 1.5 you need to fill in the employment section of the tax return.

What I'm wondering is, should the figure in box 1.8 be the his gross pay less his company pension scheme payments or just his gross pay.

The answer shows it as his gross pay without the payment but the Osborne book says otherwise.

Any ideas?

[welshwizard]

I think if it's a company pension it should be gross minus the pension contribution made by the employee in box 1.8

[Odyssey]

I just happen to be looking on the HMRC website for something else so have checked what they say and it should be the figure after the occupational pension has been taken off.

[pensilnek]

that's what i thought, so the answer papers wrong then?

[Odyssey]

I think I remember noticing it when I did that paper. My Kaplan book said the same as the HMRC site so I'm glad I decided to ignore the answers! So many of them are wrong its hard to know what to do if a question comes up.

[welshwizard]

The answers on the AAT site are only a guide apparently and not the 'official' ones.

[pensilnek]

thanks for your help