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IS ATX MOSTLY NUMERICAL LIKE TX OR DESRIPTIVE

Forums › ACCA Forums › ACCA ATX Advanced Taxation Forums › IS ATX MOSTLY NUMERICAL LIKE TX OR DESRIPTIVE

  • This topic has 2 replies, 3 voices, and was last updated 3 months ago by mrjonbain.
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  • March 22, 2022 at 8:09 pm #651673
    shaunak22
    • Topics: 195
    • Replies: 32
    • ☆☆☆

    IS ATX MOSTLY NUMERICAL LIKE TX OR DESRIPTIVE COULD YOU PLEASE EXPLAIN IT IN TERM OF % AS IN 50% NUMERICAL AND 50% DESCRIPTIVE.

    March 22, 2022 at 9:32 pm #651683
    henry1acca
    • Topics: 7
    • Replies: 60
    • ☆☆

    I’d say it is pretty much 50/50. However just like SBR the examiner can be pretty tough and question any part of the huge syllabus which can make it particularly challenging. I think this is a really interesting paper as it enables you to look at the full picture in terms of costing and tax planning.

    March 23, 2022 at 4:47 pm #651738
    mrjonbain
    Moderator
    • Topics: 1
    • Replies: 1216
    • ☆☆☆☆☆

    Adding to henry1acca’s very good answer, the questions will be more open-ended and you will have to use more professional judgement than with Taxation level questions. As well as analysing and advising on tax impact of particular scenarios, you might also be asked to consider other factors that would impact on your advice. Just as you would in real world scenarios. Hope this helps.

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