ATX*** March 2025 ACCA ATX exam – Instant Poll and comments ***

Better than my first attempt in December. I had q1, overseas individual, employee vs partner and some VAT

I thought it was quite a hard exam, very minimal IHT and reliefs . Minimal marks for share schemes/tax planning Exam breakdown- Section A A)notes for training on GAAR tax evasion definition Tax avoidance definition 3 example of GAAR conditions B) memorandum Disposal of trading company- BPR 5 C) memorandum Gift of 3000 (part disposal as parent owned 10000 IHT value of gift (part disposal based on share prices on % shareholding) IHT and cgt calculations Section B: Income tax calc if gift is dividend or a bonus for employee and non employee EIS Shares Lots of calculations Would love to hear on people’s answers etc as feeling shocking about the exam as I was quite prepared

I had the same questions but mismanaged time badly on part A. It think it was too long anyway On IHT, used value of shared before gift to work out IHT value for gift. In CGT, thought that was SSE so no charge due Income tax with bonus/div wasn't too bad but didn't get to Q3 at all

I had in section A same tax avoidance and tax evasion for 5 marks Then b was group planning (I think 10 marks?) The reliefs available and the reliefs that can be given 7 marks? Gains group relief Then Vat group and what they should consider including the companies 6 marks Then SDLT on building where price included land 2 marks Then 10 marks for IHT and CGT (I didn't have time to do this part) Section B first question Letting relief when property bought by Brian and company Then explain with supporting calculations the incorporation relief given and the chargeable gain on sale of the assets Then EIS scheme deferred gain and the it relief Then question what will happen when this shares will be sold in the future Section B second question Calculate after tax income for inheritance tax of the gift Calculate the tax payable if the 30k will be paid as dividends or bonus and recommend which she should chose Appraisal of the tax assistant notes about car benefit calculation Not sure if I have missed something?

I had the same questions as above Found the exam difficult. CGT and IHT were tested in such a weird way nothing like practiced (with Kaplan material). Almost every question asked for supporting calcs which was unusual to see.

I had the same questions as above Found the exam difficult. CGT and IHT were tested in such a weird way nothing like practiced. Very disappointed

Same !! Could not get to Q3 at all and i feel heartbroken!! I was well prepared and that makes me more sad!!

@sonia94h Yes exam was quite unusual, making sense of some scenarios took a lot of time for me, i think the examiner wanted most students to fail and prepare for FA24 ATX syllabus because FA23 quite a lot of things were streamlined like those basis periods which are added again in FA24. I know i will be attempting it second time lol soo im going to start preparing in advance, no need to wait for the result. Some rates of CGT have changed in FA24 syllabus and Investors relief lifetime limits reduced, some changes to APR in IHT, lots of small changes in FA24 but the core concepts remain the same.

For the March 2025 ACCA ATX exam, the syllabus covers advanced taxation topics including: Taxation of individuals, companies, and groups. International taxation issues. Ethical considerations in tax practice. For UAE tax training, consider courses from providers like: Mirchawala's Hub of Accountancy Emirates Chartered Accountants Group Kaplan Professional Middle East Learners Point Academy These UAE tax trainers offer specialized courses focused on UAE taxation, including VAT and corporate tax.