Sources[Kaplan,BPP,LSBF,Beckers Professional,First Intuition,MM University]
ACCA P6 Advanced Taxation Paper Exam Tips for December 2015 Session are given below by famous tuition providers
IHT with the death estate including BPR and APR and lifetime gifts into a trust and gifts with reservation.Domicile including deemed domicile.
Group question involving losses,group relief and consortium relief.
Transfer pricing,overseas branch vs overseas subsidiary.
Partnership with a partner joining/leaving with opening year rules,choice of accounting date and conditions for a change of accounting date.
Personal pension schemes versus occupational pension schemes.
SEIS,EIS and VCT conditions and tax advantages.
Capital gains tax including entrepreneurs’relief,shares matching rules.
SEIS reinvestment relief.
Group registration for VAT and overseas aspects of VAT.
Purchase of own shares.
Share options schemes–tax implications.
Make sure you utilize the 15 minutes reading time to select the best question from Section B and then planning your answer on the question paper so that when the time starts you can immediately start the paper to do that important question.
Make sure you start with Section B which has short structured questions.Make sure you do the question first that you can do best and make sure you stick to time,no more than half an hour for each question.When you have done the first then move on to second best one and give it max half an hour.
When you are starting a new question start it at new page of paper.Make sure you use nice clear headings¶graphs to make examiner way through your paper.Secure the easy marks first.
Carefully follow the examiner instructions in each question.Each question ask you about various things and will often give guidance as to what and how to get to right answer.Make sure you clearly follow the recipe.
Business property relief.
Use of second spouse nil rate band.
Groups of companies,trading and capital losses.
Double tax relief for companies.
Furnished holiday lets.
VAT partial exemption.
Appeals and the four-track tribunal system.
Benefits in kind or extra salary,income tax and national insurance implications.