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Can someone remind me what we got at Question 1 please?? I thought the exam was okay, especially now that we have 3 big questions instead of 4..I found it easier timewise.
What came up as Q2 and Q3
What was the ethics question
What was the VAT question onOk, now I’m worried as I found it too easy, and I’m not sure if I haven’t missed anything, lol. I think all questions were not nice, broken down into smaller sections worth 3-8 points. But I’ll be stressed on 16.07 anyway :p
Today is 12 June 2023 I has been checking the comments on all subjects AAA, SBL, SBR, AFM, APM then ATX for June 2023.
Here on ATX for the first time there is no much talking. Here we had the lowest discussion going on for this June 2023 ATX.
The question is why we all decided to just keep quiet for this ATX?
This is the major question why is worrying me here guys.
Zero comment on the new structure, most we don’t even remember what came maybe to help those sitting for Sept.
Me I did not like much question 1 even though the Ethical question was good, I did not enjoy the calcs and the way the questions were phrased.
q1 Capital gains and IHT and reliefs I never had much time to write as much as I wanted
Other wise the last 2 questions were fair.I felt like that was a fairly easy exam and managed my time too well which has me worried. I am under no impression I passed.
This is what I can remember
Q1: Individual Tax
– CGT on sale of a rental property
– Sale of unincorporated business to Ltd
– Incorporation relief on sale
– Record management for company and individualQ2: IHT
– IHT and CGT implications of several gifts
– Whether BPR is available for one of the giftsQ3: Corporations
– After tax earning reduction after sale of shares
– Implications of PEs
– Whether it would be beneficial for the company to create a PE or a subsidiaryPAMFRED, i think we had the same version. I think the only question I found confusing was the one with IHT from Q1. I’m not sure why I had problems with it, it didn’t seem to be difficult, but somehow I did it first, then I came back to it, change it and started to overthink . I think the difference between making Pet or leaving house as part of estate was availability of NRB if left in death estate, as previous gift was more than 7y before death, but less than 7 years from Pet (if given as a lifetime gift). Did you have the same way of thinking?
Unfortunately l couldnt even analysed this scenario enough l was running out of time since l finished last with Q1. So l quickly picked the easy marks in Q1 as l was already tired by the time l got to Q1.
It seems we got same papers l took a centre Exam others seems to have remote exams so there questions were different from the ours.
It seems like Stephvanderw and ewelinagabiec they got a better exam which was different from ours. They got all my favorate topics ???.
I might not have attempted 14 marks but l am not worried though since with Tax anything is possible unlike AAA.
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