TX*** June 2022 ACCA TX exam – Instant Poll and comments ***

Vicosta, no, it looks that I had a different version then :D

I am struggling to remember aswell but I think it was capital loss relief

Did anyone have a question on Inheritance tax where you pick two assets out of 5 would could be potentially be chargeable to IHT?

@ajabbie12, I just saw your post about answer to fuel benefit. Are you sure that where part of cost is reimbursed, the benefit is only the difference? From what I remember if its only partially reimbursed, normal fuel benefit calculation apply (24600*%). But now I got confused, I need to check study text.

Hi All, ive had to create an account to comment. Im so not sure if i have missed a extended period here and now im worried. There is only one version of the exam, however i sat the UK TX exam, there is a global one too My part C questions were.. Comparing incomes for a sole trader at 100k or 135k and if it would be better to be a LTD company or Sole trader (10marks) Standard Corp Tax computation (11 marks) group relief for losses (4 marks) Long income tax computation with property, partnership and salary with benefits (15 Marks)

That's ok :) I don't remember scenario now, I was pretty sure it was employee reimbursing employer, but obviously now I'm not that confident haha. For sure I will remember this one when June Exam will become available with answers :)

Oh man. Reading all these comments just makes me even more confused. Agree with posts about the lecture lengths etc but really happy this material is free - guys at open tuition are absolute heroes. I hope everyone has done enough to pass :) As a side note, I really think the ACCA board should consider restructuring these exams, 3 hours is far too long. If they broke it down into 2 or 3 parts it would be much more manageable and pass rates would be higher. At present it’s just a test of how good your memory is - and mine is not!!!!

I have passed 12 papers with just TX left. This is probably my 9th or 10th attempt and the exam still went bad. I have never had an exam challenge me this much. Too much information to remember it gives me panick attacks. I just pray for a miracle to pass this attempt.

Don't you need to pass all former F level exam first before you attempt the next level?

I was entering for tx alongside P papers, I have passed the professional papers and now have tax outstanding. @thepeacock

@damity thanks man I did not know that. Tax is my last F exam so I could very likely do the same thing.

Omg I had the exact same questions. I was worried when I was seeing comments on only a long period of account question and thought I messed up my calculations.

I've always found the ACCA practice platform really useful to master key concepts and the pre-mock exams, exam specimen and practice papers on the platform. Does anyone else use them?

Well the paper was not that much difficult but always prays that I will make it insha Allah. Even MTQs of CGT were quite confusing but if you do Kaplan Kit thoroughly you will easily solved it. One of the VAT questions is also weird IHT is fine Section A is also fine because I can't stop in a single question in Section A. Only 1 question I might think of it was difficult one otherwise the paper was fine. Section C was also the expected questions were asked I was revising the theoretical questions of Section C outside the examination hall and all were tested in the exam. Hope for the best

I had this one too ! I think it went well too , much nicer than the other one sounds anyway!

I do believe we had the same exam paper. Only thing that annoyed me was the VAT section from section B. All in all, hopefully I get a decent mark.

I got the same qns!