| Disc 1 |
|
| Introduction |
|
Module 1 (12 minutes)
J01 and Exam technique |
Structure of the
Diploma exam | Exam preparation | 6 golden rules
to remember in the exam |
Module 2 (7 Minutes)
AF1 and the Advanced Diploma |
Structure of the
Advanced Diploma exam | J01 and J02 | tips on how
to approach Advanced Diploma exams |
Module 3 (16 minutes)
Taxation and self assessment |
The UK Taxation system | self assessment | payment due dates | PAYE | reporting obligations |
Module 4 (20 minutes)
Income tax |
Definitions e.g.
tax liability, tax payable | structuring income
tax calculations | savings income | tax reducers | holiday lettings | rent a room
relief | child tax credit | working tax credit | |
| Disc 2 |
|
Module 5 (15 minutes)
National insurance contributions |
Self employed v employed | class 1 contributions | company directors | class 2 contributions | small earnings exceptions | class 4 contributions and payment dates | class 3 contributions |
Module 6 (20 minutes)
Capital gains tax |
Rules on disposals | chattels
and wasting assets | connected persons | CGT calculations | partial
disposals | CGT reliefs: entrepreneurs', holdover, business rollover, rollover relief on incorporation, reinvestment relief |
Module 7 (26 minutes)
Investments |
Letting residential property | taxation of onshore and offshore investment bonds | distributor and non distributor investments | gilts | PIBS | child trust funds | ISAs | futures and options | EIS | VCTs |
| Disc
3 |
|
Module 8 (26 minutes)
Inheritance tax |
Domicile and deemed domicile | exempt transfers | chargeable lifetime transfers | PETs | IHT calculations | gifts with reservation | POAT | agricultural property relief | business property relief | quick succession relief |
Module 9 (17 minutes)
Residence and domicile |
Definitions: resident,
ordinarily resident,
domicile, deemed domicile | habitual and substantial test | examples | double
taxation |
Module 10 (13 minutes)
Crammer Module |
The summaries from the
previous modules |