Residency Rules & Temporary Non Residents

Residency Rules & Temporary Non Residents

One area I expect will feature in tomorrow’s Advanced Tax exam 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 (arrivers) or less...
Good Luck Class Of June 2022 !

Good Luck Class Of June 2022 !

Today, we had our last Question Based Day Course before the Advanced Tax exam on Tuesday and worked through 6 questions (140 marks) covering key areas which are expected to feature in the exam. My students did extremely well despite the fact they were cream crackered...
Hot Tip ! Buyback Of Shares

Hot Tip ! Buyback Of Shares

One area I am expecting to come up in next week’s 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,...
Advanced Tax Tips !

Advanced Tax Tips !

With the Advanced Tax exam just a few days away, many students are desperately asking me for tips so I decided to share some areas I am expecting to feature in the exam. The best way to prepare for the exam is to learn my Condensed Notes and then practice exam...
Last Minute Tax Revision ? Don’t Panic !

Last Minute Tax Revision ? Don’t Panic !

With the Advanced Tax, Tax and BPT exams just a few days away, many students are in panic mode and desperately try and do so much that they end up going in circles. What you need to do is sit down and come up with a list of about 10 questions that cover all the taxes...