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Hi. Im torn between TX-UK and PM for Sept 2019 exam. Which is better to take first? I am not familiar with UK taxation by the way. Done with AA this March. Hopefully I passed and booked FM for June. Starting FM now.
Any advise is very much appreciated.
Hi,
Well, personally I think PM is better to take first.
TX-UK is a very technical paper as it has quite a lot of tax rules, rates and allowances that the students must not only remember but also understand in order to apply these.
While on the other hand, PM is a build up on the knowledge of F2 (MA). It is not very technical as it is has both calculation and analysis.I personally found PM more interesting and better to study than TX though the pass rates are lower for PM as compared to TX-UK. However, I believe pass rates should not worry any student much as it is not necessary that if one person found a subject tough another person would find it tough too.
In fact, I had given 6 months to study TX-UK as I was struggling with it since day1. So I started studying gradually TX-UK along with PM gave PM in June then TX in the next sitting- September.
But again, me struggling with TX-UK doesn’t mean that you will struggle too.Hope that helps.
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