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Learning resource updates

This page details updates made to our learning resources. You should visit this page periodically to ensure you do not miss any updates. Updates can result from a change in exam syllabus, an amendment to the relevant CII study text directly affecting our resources, typographical errors or more complex issues.

Filter updates:

All Financial Services Exams

All resources for AF, CF, ER, FA, J0, LP, and R0 have been updated in accordance with the new syllabus examinable from 1 September 2021.  If you purchased the 2020/21 versions, contact us to receive the updated versions free of charge*. Note that e-learning modules have been updated on our website, and the material found there now reflects the new examinable tax year.

*Note this does not apply to: IF exams whose examinable year ends on 31 Dec; the e-learning videos, which have a 6-month subscription, those resources which have been discontinued, or our R06 and AF5 analysis products.

AF7 Core Knowledge

15 September 2021 Changes have been made to Section 2 – Questions 10, 16 and 17; Section 3 – Questions 17 and 18; Section 4 – Questions 7, 12, and 13. Please contact our customer service team to request an updated copy.

New Version: AF7CoreKnowledge010921v2

Stamp Duty Land Tax – Temporary Changes

STAMP DUTY LAND TAX

NOTE: The temporary increase to the nil rate band for Stamp Duty Land Tax (SDLT) has been extended.

Rather than ending on 31 March 2021 as originally stated, a temporary nil rate band of £500,000 was in place until 30 June 2021. Then from 1 July 2021 to 30 September 2021 the nil rate band is £250,000. The nil rate band will return to the standard amount of £125,000 on 1 October 2021.

The temporary increase to LTT in Wales has now ended, with the nil rate band having reverted to £180,000.

This affects our resources for AF1, AF4, AF5, CF1, CF6, ER1, LP2, R01, R02, R03, R06, and R07. Our resources have been updated for the 2021/22 examinable tax year and reflect this temporary change as well as the rates effective from 1 October 2021.

AF1 Revision Notes

18 October 2021 Due to a change in the CII Study Text, Page 129, Registering and EPA and an LPA, in the LPA list, the last three bullet points have been amended to ‘It can take place any time after the donor has completed and signed the form’; ‘By the donor – prior to the onset of the donor’s mental incapacity’; and ‘Or by the attorney – once the donor’s mental capacity is lost’

New Version: AF1RevisionNotes010921v2

J02 Revision Notes

18 October 2021 Due to a change in the CII Study Text, Page 23, Registering and EPA and an LPA, in the LPA list, the last three bullet points have been amended to ‘It can take place any time after the donor has completed and signed the form’; ‘By the donor – prior to the onset of the donor’s mental incapacity’; and ‘Or by the attorney – once the donor’s mental capacity is lost’

New Version: J02RevisionNotes010921v2

J05 Mock Paper Set 2

18 October 2021 Reference to error in J05 study text removed from answer to Question 7 following CII web update.

New Version: J05Set2010921v2

J05 Calculation Workbook

18 October 2021 Reference to error in J05 study text removed from answer to Annual Allowance – Question 1 following CII web update.

New Version: J05CalcWkbk010921v2

J05 Calculation Workbook Taster

18 October 2021 Reference to error in J05 study text removed from answer to Annual Allowance – Question 1 following CII web update.

Filename: J05CalcTaster

J10 Calculation Workbook

18 October 2021 The answers to Section 1, Questions 1 and 2 have been expanded to indicate that the figure was multiplied by 100 to represent a percentage and rounded to two decimal places.

New Version: J10CalcWkbk010921v2

J10 Calculation Workbook Taster

18 October 2021 The answer to Section 1, Question 1 has been expanded to indicate that the figure was multiplied by 100 to represent a percentage and rounded to two decimal places.

Filename: J10CalcTaster

J10 Revision Notes

15 September 2021 Page 19 – Table on Inverted Yields now reads: ‘Yields on longer-term bonds are less than short-term bonds Caused by supply and demand or when investors expect short-term falls to interest rates and lower long-term rates.’

New Version: J10RevisionNotes010921v2

R02 E-Learning Workbook

22 October 2021 Page 7 – Line under Inverted Yields image now reads: ‘Yields on longer-term bonds are less than short-term bonds Caused by supply and demand or when investors expect short-term falls to interest rates and lower long-term rates.’

File Name: R02E-LearningWorkbook

R03 Mock Paper Set 2

3 September 2021 In the Correct Answer Rationale for Question 41, the words ‘The rest of the statements are true’ have been removed.

New Version: R03Set2010921v2

R03 Calculation Workbook

9 September 2021 The answer section for ‘Income Tax’ did not include the updated content for 2021/22. Please contact our customer service team to receive your updated copy.

New Version: R03CalcWkbk010921v2

R03 Calculation Workbook Taster

9 September 2021 The answer section for ‘Income Tax’ did not include the updated content for 2021/22. Please download an amended copy here.

File Name: R03CalcTaster

R04 Calculation Workbook

18 October 2021 Reference to error in J05 study text removed from answer to Annual Allowance – Question 1 following CII web update.

New Version: R04CalcWkbk010921v2

R04 Calculation Workbook Taster

18 October 2021 Reference to error in J05 study text removed from answer to Annual Allowance – Question 1 following CII web update.

Filename: R04CalcTaster

R06 Calculation Workbook

18 October 2021 Reference to error in J05 study text removed from answer to Annual Allowance – Question 1 following CII web update.

New Version: R06CalcWkbk010921v2

R06 Calculation Workbook Taster

18 October 2021 Reference to error in J05 study text removed from answer to Annual Allowance – Question 1 following CII web update.

Filename: R06CalcTaster

All Insurance Exams

All resources for IF1, IF2, IF3, IF4, and IF5 have been updated in accordance with the new syllabus examinable from 1 January 2021.