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Many students might be discouraged as their exams did not go well. Circumstances and events seem be to conspiring against us and it feels easy to quit. The important thing is to keep going. Treat every day as a fresh start. Instead of looking at disappointments as a...

Professional ethics questions feature in all the accountancy qualifications, but many students do not pick up all these relatively easy marks. There are 2 main reasons for this. 1.  Candidates do not understand the scenario and tend to write generic answers...

Are you feeling discouraged with your lack of progress in life? Do you feel that the obstacles you face are too much to bear? Many of us feel this way. Why not listen to Chengai’s story? She is one of our Kaplan success stories and an amazing person. Listen to her...

One aspect I felt many tax students neglect is the IHT death estate. You need to put all assets into the death estate including exempt assets for CGT. Deduct any agricultural property relief on farms (100%) and business property relief (100%) on unquoted shares....

One area I expect will feature in September’s Advanced Tax and Tax exams is overseas aspects for individuals. You need to learn the automatic residency statutory tests Automatically non-resident if in the UK for less than 16 days (leavers), less than 46 days...

The pandemic provided the once-in-a-lifetime opportunity for people to evaluate their working lives and the time to dabble in cryptocurrency. In the UK, crypto is a chargeable asset and the gains are taxed as your top slice of income. However, the first £12,300 of...

Will the REAL Slim-Tax Shady please stand up? As Conservatives prepare to vote in our next Prime Minister, the key issue is tax cuts. Rishi has increased the tax burden for families to the highest level it has been in 70 years. This alongside with record inflation has...

In order to encourage innovation in the UK, HMRC offers SMEs an extra 130% deduction on R&D revenue expenditure including staff costs, materials, software, utilities, and 65% of subcontractor costs.SMEs have less than 500 employees and a turnover of fewer than 10...

One topic which is due to come up in the Advanced Tax September 2022 exam is the Enterprise Investment Scheme which offers tax benefits to venture capitalists that invest in unquoted trading companies. Wealthy individuals can invest up to £1M /year in new shares in...

One of the great aspects of being an Advanced Tax lecturer is that I meet students who are approaching the end of their qualification so once they pass ATX, they have a lot to celebrate! It is even more special to teach a couple that qualifies together as their lives...