DFS was by far the easiest paper we wrote

System
System Posts: 100,534 🤖 Admin 🤖
I don't know about PTC because I didn't choose that as my option. PEV if I am really truthful was not as hard as PCR (Section 1 Revised Budget) yesterday, variances you had to understand for any PEV paper whatever happens it's guaranteed to come, I had been studying the ratios anyway, because I was doing DFS, knew they were coming in section 2 of DFS & PEV. BTC I made some mistakes in Section 1 first question, calculated WDA on the year of cessation, silly me. the fact I had the bigger Capital Allowance figure meant it distorted my Adjusted profits working leading to Schedule D I. That means the figures in my tax return are wrong too. However the Capital gains question and Written question explaining how tax is calculated, National Insurance, accounting records to keep all this was good and I am hoping I will make up my points here and there for Section 1, enough to pass. Our teacher said we have to get 30 marks in Section 1 out of 50, the same for section 2 to pass the BTC paper. Don't know how true this is because AAT will not confirm this as the pass mark, have tried to coerce this from them but they say it's not in they policy to tell students this, and I will have to wait two months to find out if I have to resit. <BR><BR>So I think I have passed DFS, PEV and the other two papers if the pass mark is 60% I could pass them too.
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