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(comments will open after 5pm UK)I really can’t tell how well I did in this, part of me was ok and the other just guessing ? I remembered a lot of thing I answered wrong as soon as I left! Also with CBE , does anybody know how the 10 ‘extra’ questions are identified?? I’m annoyed if I have those right and then they get taken away from the marks!!
Section C was a nightmare hope I’ve done enough to pass.Yes a lot of dates and admin elements, also really hard when there are 2 elements to pick because I’m sure they don’t give half marks in section A ?
This paper exam is difficult, especially part a and part c. Question 31 is too difficult to solve in 20 mins.Part A have many questions which need the exact memorization, which relates to date.
@vixengard said:
Yes a lot of dates and admin elements, also really hard when there are 2 elements to pick because I’m sure they don’t give half marks in section A ?Nah section A and B are both right or wrong no marks for workings
The IHT one was that the one where it said how much of the death estate before the spouse gift? wasn’t the IHT something like 272, I just calculated that as 40% of 680k then added 400k back to that but I really had no idea I think it was wrong; I was gutted because IHT is one of my stronger topics so I was pleased to have the question but actually i hadn’t come across a lot of the things it was asking.
There was also a lot of holdover / gift relief and shares, as well as NIC calcs, not my strongest points!!!!Also does anyone know if we had the same section C q’s? I can’t remember anything about group relief…
I was pressed for time too literally typing until the exam finished!
Oh yes I do actually we had to adjust it? But was there group relief? Maybe I have completely missed that!!
there was a question in Section A ..
Gift of an asset, loss of an asset, transfer assets or assets inherited .
which one DOES NOT qualify for CGT!
I don’t know tbh I had no idea what I was doing on that question so I just did the bits I could, I think I adjusted capital allowances and some other bits. I’m not confident on section C q’s at all!
I did the CBE. Is it the same as the written paper? I thought section A was quite nit-picky, even by ACCA’s standards and there were a ridiculous amount of IHT questions. Worst of all was the 10-marker in Section C. I didn’t even waste my time with it as I don’t remember ever seeing a question like it.
I heard it will get worse as they are trying to bridge the gap with p6 ?
i’m guessing it must have been the same as the paper version.
I know that we had 10 extra questions though that will not be marked as they are for comparative with paper – anybody else heard this? I am keen to know which q’s they are – was thinking must be from section b@vixengard said:
I heard it will get worse as they are trying to bridge the gap with p6 ?
i’m guessing it must have been the same as the paper version.
I know that we had 10 extra questions though that will not be marked as they are for comparative with paper – anybody else heard this? I am keen to know which q’s they are – was thinking must be from section bGiven the vast number of IHT questions in my exam, I’m guessing that 10 of the exempt marks will be for IHT for me.
Section A was particularly difficult. Section C was not too bad. Loved the VAT ? in section B
The exam was easy but I made silly mistakes like failing to add back QCD during corporationtax computation in section c
This is one exam where 50% would be a Blessing! I was well prepared but as usual the time pressure did not help.
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