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Post your comments about June 2012 F6 exam.
?How did you do? What came up? How did this paper compare to previous exams?
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Have just left the testing station, but no spoilers from me I’m afraid. Let’s just say that It went OK for me. I don’t think there were any huge surprises – plenty of places to make silly mistakes (which I did, I think, in hindsight). And I even had time at the end; I’m not sure whether this is a good thing or not yet. I did leave part of a question out as I had not a scooby how to answer it and thought about giving it a shot but really couldn’t find the energy to pick up my pen for 4 points.
Of course, if I have to re-sit for the sake of a couple of points I shall be livid with myself ;o)
Much better than F5; maybe there’s something in letting students know what will definitely be in the exam………
paper was ok & not time pressured but i also did some silly mistakes in hurry & i also dont try to cut the whole question & do again.
the big mistake was taken taken subsidary period first 4 monthen & then whole year but here should take 12 months first & then 4 months.
question 4 was a little bit tricky !!!There was a super easy 4 points abt government encouragement of saving, giving to charity and to entrepreneurs
There was a super easy 4 points abt government encouragement of saving, giving to charity and to entrepreneurs
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was quite fair 2b took ages for 7 marks
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Questions:
1. Income tax
1.1 Employment income
1.2 Sole trader & partnership
1.3 VAT
2 Corporate tax with 2 associated and group relief
2.1 12 months with different rates
2.1 16 months with different rates.
2.3 Capital loss
3. Gains
3.1 Individual – rollover relief – partial reinvestment
3.2 Corporate – rollover relief
4. account period & CAP
4.1 Micheal – Loss Relief claims (FIFO)
4.2 Sean – Loss Relief claims (LIFO)
5. IHT – classic car???
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its really fuuny when know 100% paper but just after 70 percent time finishes 😛
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a relief after yesterday’s abomination
Looking back at the exam today, I don’t think it was all that bad, and I probably did ok. I was hoping there would be some questions where I could go on auto-pilot, but I felt they all required a bit of cautiousness, as there were many opportunities for slipping up.
The trouble is, I found it difficult to concentrate today, and was in a state of mild panic throughout! I think had I have faced this exam in the comfort of my home it would have been much easier. That’s my excuse anyway!
Hi ppl a few questions:
Question 2 which dividend we had to pick for FII? It was straddle accounts…..However someone above mentioned group relief and associated companies? Im sure when I read there were no associated company?
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it was okey, although only managed to complete 94% of it, there was no surprises, as all the areas are covered in the Opentuition note, somehow still made some little mistakes ;S, hopefully can still pass. thanks opentuition.
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nothing surprising however when i think about it….i see a lot of silly mistakes i might have made
time management was poor on my side, i had only 20mins to attempt question 2…though i had it planned out, start with IHT, then on to Gains then the losses, do the Income Tax question 1 and finally question 2….
nuff said, i wanna say a Big thank you to Opentuition for their assistance, it was a blast, my confidence was built by you and when i saw the questions, i was likr okay…this is what they said and how they said i should handle this.
Thank you so much
i cant promise anyone 80 – 90% in this paper but i can pledge as pass in this paper, the Examiner gave us a chance to put a lot of theory knowledge on paper this time.- Topics: 0
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it was a very fair paper , I say fair because I know I made some silly mistakes today, largely because the F5 paper yesterday totally bamboozled me and left me a little deflated and partly because I felt time pressured.All in all a doable paper.
that F5 lecturer…..hmmmmm what is her major malfunction? (I’m going to be moaning about F6 for along time)Did people say in question one it is beneficial not to use the flat rate scheme as your paying more VAT right?
no it was benificial,to use flat rate ,
Very nice paper ,very easy
much better than f5With chargable gain did you guys explain the residential being in the uk rules?
Re: loss relief i have claim back 12 monts with micheal and 36 months with sean? And explain the wastage of personal allowance
I said that flat rate would be more beneficial.
To be honest I found this very fair paper quite hard. I lost it with the time allocation. I am always worried I will miss out a question altogether so I go through them in order. I spent too long on question 2 and could not correct it in question 3. I jumped to question 5 at this point and only had half the time I should have had for question 5 and 4. My answers to question 4 were scribbled and poor.
I did not do the 2 seperate rates for question 2 but did know it was charged at MR rates. I did know I should have applied 2 rates as per OT advice but to be honest I was running out of time and only applied the last rate. tut tut!!!! I hope I have scraped a pass.OT gave me the opportunity to give it all a go as I do not have any other tuition. Thank you so much OT. I told lots of people at the exam hall about you. I so hope I did pass because I feel I owe it to you guys – you have already given me f4 and f5 passes – I hope f7 goes well for all tomorrow too.
Debbie 🙂 🙂 🙂 x
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