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One important area for Advanced Tax and BPT exams is buyback of shares. The important aspect to appreciate here is the taxpayer does not have the option of making an election. If certain conditions are satisfied (unquoted trading company, shares owned for 5 years,...

One of the areas due to be examined in the December 2022 BPT and Advanced Tax exams is Personal Service Companies. Many freelancers invoice their end clients through their companies and benefit from the lower rates on dividends compared to salaries. IR35 holds PSCs...

This is a tense time before the tax exams next week and it is easy to find yourself spiralling down into stress. Instead of worrying about the future, focus on what you can do today to reach your goals -do one advanced tax question, learn one mind map. You have a...

I was so happy to meet Ophelia at the PQ Tax Forum talk which took place at Queen Mary’s University. When confronted with a tax problem, Ophelia carefully evaluates it and comes up with a solution. The instinctive reaction for most of us is to dismiss issues we...

10 Tips For Sitting The ATAX CBE  1.    Use the 15 minutes reading time to read through the two big case study questions highlighting as follows: red -important, blue-numbers, black-examiner’s clues for deciding methodology....

When Angela studied tax with me at Kaplan, I could tell she was brilliant and capable, so it was not surprising that she passed both her ACCA Taxation and ACCA Advanced Taxation first time. She loved my lectures and felt inspired to pursue a career in taxation, so I...

How important is self-belief when you are sitting professional exams? Well, Saudi Arabia beat tournament favourites Argentina in the World Cup today! They maintained a high line which frustrated Argentina and then pounced with two amazing goals before the end....

One important area which is due to come up in the Advanced Tax December 2022 exam is advising a company on setting up either an overseas branch or an overseas subsidiary. The branch would be an extension of the UK company and its profits would be subject to UK...

One of the areas due to be examined in the Advanced Tax exam is the substantial shareholding exemption. (SSE) It is firstly important to note that this is only available to companies to encourage mergers and acquisitions. When a company sells shares that satisfy 3...

It was great meeting up with Kamran who passed his Advanced Tax and is fully ACCA qualified. Kamran works in practice and as a qualified accountant has lots of opportunities are opening up for him. When you are studying hard to pass your exams, it can feel like you...