[shan735]

i dnt no wat u mean

hue hue thanks again ^_^

[shan735]

Actually, one more thing though it may seem silly:-

As I’m doing the computations would it be alright if I simply write:-

NS for Non-Savings
S – Savings
D – Dividends

etc. to save time on writing the whole description as doable in other exams?

[shan735]

@palmy said:
You will have to become very familiar with the entire F6 syllabus, I am afraid (but don’t worry, the tax tutor follows a step by step approach that will make your life easier).
Income tax for individuals for example, you will not be asked to prepare a full tax computation as we do in F6: the examiner expects you to work at the margin, showing how much tax can be saved according to the different options available, but to do that you need to have an understanding of the basics.
Trading profits, basis periods and loss reliefs are tested regularly as well as VAT, corporation tax and groups taxation.
Cgt and Iht tax are two subjects that can lead to confusion and are often tested in the same question: you will need to know your F6 stuff very well there.
Also pensions schemes and NCI contributions feature regularly in the exam.
New topics at P6 level include the overseas aspects of every tax and additional reliefs. Questions will now have large multitax scenarios, where you will have to evaluate the interaction of different taxes or tax planning measures.
You will also need to show the ability to provide advice to your client in a professional manner.
Hth.

Well, I guess I better get grafting!
Thanks very much for the tips.

Thankfully, I remember a few information from what I did back in university but it’s an interesting topic considering I’d like to start doing some more tax work at my current work place 🙂

[shan735]

@palmy said:
F6 knowledge is still examinable at P6, I would say it probably accounts for 75% of the syllabus.
My suggestion is: go through the material and the lectures for F6 (which are brilliant) and purchase the P6 Kaplan study text to cover the advanced topics.
The book is huge but is full of examples and very clear schemes/mind maps.

You can also purchase the P6 set of recorded lectures from Kaplan for £45 which also covers F6 revision.
The lectures are pretty good and comprehensive (if you can get past the monotone voice of one of the ladies…. don’t know, maybe she speaks like that so that everyone can understand).

And finally, as you certainly know at this level, practise, practise, practise all the questions from your revision kit until you are very comfortable with all the topics.
I will be sitting P6 (and P4, my last 2 papers) in December and that’s my study strategy.
I hope this helps, good luck.

Phew, I actually feel quite reassured by your reply regarding F6, as I’ve actually decided to quickly have a crash course (Starting today!) and study F6.

Are there any topics that you feel I should focus particularly on, as I’m curious to know what topics are likely to be carried forward. I’m only aiming to study efficiently but productively and if I feel like I have time, I’ll go back and study the topics to gain further support on my foundation.

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