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I never liked tax and left it off as my last applied skills exam.
I just passed with 63% after failing this same exam three times!
48, 49 and 45 last December (I didn’t see the last question till 5 minutes to the end of the exam when I was casually flipping through my answers thinking I’d finished since!)I’m posting this for that person who may be feeling discouraged and tired of rewriting this paper (or if it’s your first time too)
What I did differently this time:
I used open tuition lecture notes and the videos to prepare. Took down notes in my own words to summarise the lecture notes.
Then, I did a lotttttt of question practice this time.
Frankly I didn’t expect to remember too many rules (as there’s just a lot to remember with dates and times and all of that lengthy stuff) so I worked on knowing the calculations. Knowing the formats and all.Again, normally, I’d start with the beginning of the BPP revision kit and hardly have time to revisit the questions at the end. This time I started with the less familiar end of the book.
Solved the questions from back to front i.e. from VAT back to income tax and tax administration etc.I also worked a lot of questions. A whole lottttt. In different formats, set by different tutors.
I used the ACCA study hub too and practised the mock exams.Overall, you’ll pass with lots of practise. The TX questions are similar over the years and the chances of passing are higher when you’ve encountered the questions before.
I was upset when I got 49. Almost gave up but I knew I’d come too far to give up.Starting the strategic papers now. Glad to finally have crossed over!
Looking forward to the notes being uploaded as it is misleading to read what was used in 2011, since the FA has even changed.
