I am going to take my first CTA exam in November and to ease myself in have gone for the awareness module.
What I wanted to check was are you allowed to take Tolley's tax handbook into this exam and whether people who have previously taken this exam did take it with them and need to use it.
Replies (9)
Please login or register to join the discussion.
No
You can take your legislation, and only your legislation. You can highlight, underline and sideline your legislation. You can't otherwise mark your legislation. If you need to look anything up, the answer will be in your legislation.
Whereabouts in your legislation? you may ask. To which I can only say, that is the whole frigging point.
Questions like this
can be answered from the CIOT's website . Go to www.tax.org.uk and click on the students tab.
That way you will avoid comments like the one above.
Here's a tip on how to pass the tax exams. Don't ever look up your legislation in the exam. Wastes time, build sweat, wastes more time.
It's only going to be one or two marks lost. Or one or two marks gained but will take up a disproportionate amount of time. Tax exams often have 140 marks available (not 100) or is that just the ACCA paper 11?
Just do lots of exam practice. Lots.
the legislation is just a comfort blanket
You should be familiar with the legislation before you go into the exam room. The books are just there to quickly confirm a point that you already have studied.
Keep it clean
Needless use of aggressive or insulting language may be moderated. Keep it clean folks. Thanks.
Lost joke
My holy sh** headline was in response to bible markers. Honestly, the comedy is lost!
I will not say it again though, now that it has been pointed out that it is naughty.
Useful Bits
Some of the legislation is useful, such as the rules for different share schemes - you can highlight the main bits and pour it onto your exam paper. Just don't highlight too much - be very selective. I just relied on it for things I just couldn't remember. In ATT you get enough time to look things up. In CTA exams you have NO time so use it only for the things you really can't commit to memory, and fill in the bits at the end of the exam if you have time (which you probably won't).