Really need you advice on which papers to choose.. between P5 and P6. I am currently not working and got only 1 1/2 years to finish two option papers. Please advice.
I work in practice, so I was naturally strong at F6 tax, so I thought the obvious route later would be P6 Advanced Tax. I was wrong!! P6 is a very difficult paper, it is more a tax planning paper than a tax calculation paper like F6. I worked extremely hard, and failed P6, so I figured the best strategy was to switch to P5. P5 is more (I felt) of a cross between P3 and F5. The calculations were pretty straight forward, it is the commentary and interpretation that scores the points. If you are good at learning and applying theory, this could be the best option for you.