Forums › ACCA Forums › ACCA TX Taxation Forums › *** ACCA TX (F6) June 2018 Exam was.. Instant Poll and comments ***
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- June 7, 2018 at 11:00 am #456788June 7, 2018 at 3:12 pm #457488AnonymousInactive
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Multiple choice questions werent that kind but the written questions were inline with past papers, it could have been worse.:)
June 7, 2018 at 3:23 pm #457491the paper was ok…i wish i spent more time on past papers tho. fingers crossed and good luck =)
June 7, 2018 at 4:40 pm #457545It was definitely hard.
7-8 difficult marks in both Section B & Section C.
Section A was terrible. Half of the MCQs were similar to past papers but other half were out of nowhere.
I had no idea about MCQs regarding PAYE and sources of tax law.
Overall, it was hard.June 7, 2018 at 6:25 pm #457609Can we work on some sort of unofficial markscheme?
Was there a 10 mark question on National insurance contributions? When my exam finished I looked around and saw someone doing (question 36) which seemed to be a 10 mark NIC question that I cant remember doing at all. I don’t understand how this could have happened as the review said all questions were completed:/ Gutted because I’m quite confident and am sure I could have got most or all of the marks on that question.
Could this be a technical error?
June 7, 2018 at 6:32 pm #457611I’ve passed other F level papers at first attempt including P4 and P2 but here I am still struggling with F6 because I hate memorizing things!!!!!
0ver 8-10 mcqs or more were dedicated to your ability to recall pure facts and dates!! i think I have failed again after failing in March at 49%. Someone please gimme pointers.. section B question on IHT was painfully difficult as I was confused if the available exemptions would be considered or not. ACCA has a way of structuring the passages to the question.. they didn’t this time.. putting a crucial fact at the bottom that might have been missed when answering the top questions.
Section C question on partnership with losses seemed okay.. But I struggled with the corp. tax. Fingers crossed till July
June 7, 2018 at 7:19 pm #457616This exam was a top! It was very easy compared to Yesterday’s F5 which was a disaster, Thank God.
I only started to panic when I notice I was running out of time. I started to get confused about the difference between Chargeable gains , Capital gains and Taxable Gains.My questions were IHT, Corporate Tax Liabilities , CGT. In fact a lot of the questions are familiar to those I practiced in Kaplan Kit.
I also maked sure I show my calculations, so I know even if the outcome is wrong, the calculation would be right.June 7, 2018 at 7:22 pm #457617@mubariz123 said:
Can we work on some sort of unofficial markscheme?Was there a 10 mark question on National insurance contributions? When my exam finished I looked around and saw someone doing (question 36) which seemed to be a 10 mark NIC question that I cant remember doing at all. I don’t understand how this could have happened as the review said all questions were completed:/ Gutted because I’m quite confident and am sure I could have got most or all of the marks on that question.
Could this be a technical error?
CBE questions are never the same. Thus, ur neighbour might get completely different set of questions than to u.
June 7, 2018 at 8:43 pm #457637Does anyone have mcq answers (paper based)
June 7, 2018 at 8:44 pm #457639Does anyone have answers for mcqs
Paper based?
Pls send if you haveJune 7, 2018 at 8:51 pm #4576411A
2B
3D
4A
5A
6A
7D
8B
9A
10D
11B
12A
13B
14c
15c
Sec B
16A
17D
18B
19D
20C
21B
22C
23D
24D
25B
26D
27C
28A
29C
30A
I ve written these answers
Pls share if anyone else has the answers tooJune 7, 2018 at 9:15 pm #457646Hi everyone
I have mix feelings about F6. In section C one of the question was to calculate NIC if we add bonus as dividends and something else- i have no clue how to tackle it? If was for 10 points if someone knows please share.
Also how is that possible that you guys remember youd MCQ questions and answers?! I roughly remember the questions not mentioning if I choose A B or C!June 7, 2018 at 9:50 pm #457656Maria as far as I can remember you had to recalculate both her income liability and nics and then her revised corporation tax and nics then as a company but use the bonus as extra income in the income Comp then
So for herself I had added line in non saving income for the bonus, then another column for the dividend etc
Completely not sure though!
June 7, 2018 at 10:28 pm #457663Is it possible to pass running out of time for both 15 mark questions on section C?
The mcq’s were really kind but I kept triple checking answers I’m sure were right.
Section B was also fine except the vat section, will have dropped marks there.
But I left myself 1 hour 20 mins for sections C and used up 50 mins on the 10 mark question then both 15 mark questions were rushed and messed up. Doubt I scored a single mark there.
June 7, 2018 at 11:10 pm #457668Clarap
Thank you for your answer. Thats is kind of what I did but then in the middle I just doubted I understand the question correctly.
According to my calculation in one case I said the company wont pay NIC as it was below £8164 but if thats correct no idea!
Maria
June 7, 2018 at 11:50 pm #457669Same here… I started with section C and the first question was to recalculate revised income with dividende..it took me very long to understund so i spend less time on the other 2 questions….I feel not sure about the loss corporation question . The mcq were ok if u soend good time on studying it will be good…finger crossed im worried
June 7, 2018 at 11:52 pm #457670@mjibola said:
I’ve passed other F level papers at first attempt including P4 and P2 but here I am still struggling with F6 because I hate memorizing things!!!!!0ver 8-10 mcqs or more were dedicated to your ability to recall pure facts and dates!! i think I have failed again after failing in March at 49%. Someone please gimme pointers.. section B question on IHT was painfully difficult as I was confused if the available exemptions would be considered or not. ACCA has a way of structuring the passages to the question.. they didn’t this time.. putting a crucial fact at the bottom that might have been missed when answering the top questions.
Section C question on partnership with losses seemed okay.. But I struggled with the corp. tax. Fingers crossed till July
How could you pass F5 just tell mr advise plz im straggling with it badly..and yesterday i took exam was another desaster …F6 its easier than f5 just know the rules and apply them nk need to remember every thing
June 8, 2018 at 1:03 am #457676hi guys i found sec A and B relatively easy and im sure i can bring at least 40% from there but i struggled a bit with sec C. It took me some time to figure out how to work out the 10 mark ques and i was left with 30 mins to work out the last two 15 mark questions. Although i have started the corp tax ques, i could not finish it as time was over. I can barely get 5 marks from this ques. My question is can acca fail me if i score only 15% out of the 40% in sec C and i score 40 % out of 60% from mcqs?? Please answer
June 8, 2018 at 2:38 am #457686CBE
Guys there was an inheritene tax question where the donor paid the Tax himself. Was the answer 18750? Section AJune 8, 2018 at 6:46 am #457702What did people put on the q asking if the person was resident or not resident in uk in section c, I spent way too much time for the 3 marks he had on it, I changed to not resident at last min as only had 3 ties but now think I was wrong.
June 8, 2018 at 6:50 am #457703@garskama89 said:
ClarapThank you for your answer. Thats is kind of what I did but then in the middle I just doubted I understand the question correctly.
According to my calculation in one case I said the company wont pay NIC as it was below £8164 but if thats correct no idea!
Maria
thats correct, the company doesn’t have to pay any additional NIC as there is no new income for Kaya (i think was her name). In that case there is only more divident paid, so no change in NIC
June 8, 2018 at 6:54 am #457705@sawan2095 said:
hi guys i found sec A and B relatively easy and im sure i can bring at least 40% from there but i struggled a bit with sec C. It took me some time to figure out how to work out the 10 mark ques and i was left with 30 mins to work out the last two 15 mark questions. Although i have started the corp tax ques, i could not finish it as time was over. I can barely get 5 marks from this ques. My question is can acca fail me if i score only 15% out of the 40% in sec C and i score 40 % out of 60% from mcqs?? Please answeryou’ll pass if you score 50 marks and more, no matter the section
June 8, 2018 at 7:03 am #457708@jihane said:
How could you pass F5 just tell mr advise plz im straggling with it badly..and yesterday i took exam was another desaster …F6 its easier than f5 just know the rules and apply them nk need to remember every thingYou’ll pass F5 if you understand why you’re making the calculation rather just because you’ve memorized a rule. Understand WHY first.. for examle, A reduced cost is obviously a positive variance while reduced sales is not.
Mix variance is about the appropriate quantity, over or below this could obviously leadsl to poor quality hence why variance calculation is needed because some materials will have been overused while the other underused leading to negative and positive variance respectively.
Passing F5 is fair if you understand WHY you’re doing the calcuation compared to memorizing a bunch of rules
June 8, 2018 at 7:11 am #457709@clarapr said:
What did people put on the q asking if the person was resident or not resident in uk in section c, I spent way too much time for the 3 marks he had on it, I changed to not resident at last min as only had 3 ties but now think I was wrong.i said he is not a resident, because 2 ties and 100 days (according to the table he needs 3, if hasn’t been resident before and has been in uk for 91-120 days stay) but that might as well be wrong as i literally spent 4 min answering this…..
at first i skipped this part but i had 9 min to spare when i finished with the rest of that question so i decided to give it a go anyway, then spent the other 5 minutes to random choose 3 or 4 answers in MSQs as i didn’t have a clue… let’s hope those were the seeded Qs;-)))
overall it was ok paper.. i have had three so far and this one seemed less difficult…. let’s hope for the bestJune 8, 2018 at 8:00 am #457715.
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