Business Tax exam - this Thursday

barney77

Hi

Any tips or advice would be greatly appreciated!

I have done one of the mocks and got around 66/68 % based on my marking (had to screenshot my answers and compare with answer paper).

Does anyone know if points are awarded or deducted for the way the Capital Allowances layout is done?

Many Thanks

Lea

Pian32

The biggest tip I have is write everything down. On bigger questions go through it and list everything that is in the notes because even if it results in a 0 you can get marks for showing you know it's a 0. State your totals and the rate of corporation tax etc.

For capital allowances I think as long as you show everything the exact layout won't matter (doing AIA items first or last for example) but you will want to include the totals before WDA and after.