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Passed at third attempt with 50%. “This was what worked for me:”
I realised giving Ques 3 and 4 a good shot could be key in passing this examination. This is because the questions are more direct and marks could be gotten easily to bulk up what you get in question 1 and 2. kaplan exam kit (question bank) is very important and could be used to solve questions and practice to be comfortable with Tax planning, IHT, CHT, CSOP etc.
With the amount of marks available in question 1, having basic knowledge of ATX should be able to get you between a 20-30 quite easily as there are marks on ethics, professional marks and some easy marks to obtain on VAT/IHT.
So, getting a good 20-30 in question 3 should be able to get you over the mark.
I hope you understand my point.
@abejide09 said:
How did you guys tackle the 70% 30% sale of residence questionAny help guys??
Be positive man, you never know
@thao67 said:
I’m so annoyed with myself as this was my second sitting and I messed it up once again, due to panicking, even though this exam was very fair. I missed out on so many points because I dived into the calculations without explaining the theories eg the group loss relief question. I basically messed up every single question:(( I thought I had covered the syllabus quite well but in the exam itself, just couldn’t remember the easy stuff like the capital goods for vat and the CFC calculation etc
Guess I had better book my resit for March19, so frustrating..
Also, did not help that the exam hall was absolutely freezing!
I’m trying to forget my stupidity but think it will take a few more days…..Please what is it answer to number 4. The CGT and IHT advntgs and disadvantgs for paying earlier
And the advs for paying IHT b4 her death in 2019/20
Also was PPR relief to be prorated at 70% during the time period the house was let and was letting relief available and to be calculated?