Posted by The Team at Brand Financial Training on March 12, 2024 in Newsletter
12 March 2024
Many budget changes
Last week’s budget brought about a lot of changes that will directly impact CII exam syllabuses, and already we are hearing from candidates about how this might impact exams. We have been in communication with the CII, and they have confirmed that any changes in the spring budget will not be examined on until the 2024/25 tax year syllabus change on 1st September.
So, for those of you already studying for your next exam, you can continue as you were. For a summary of the changes the chancellor announced, have a read of this month’s Featured Article.
Featured Article
This month, it was Chancellor Jeremy Hunt’s turn to tinker with our taxes (and National Insurance). Here, rather than focus on the politics, we pull out the key facts you’ll need to be aware of in terms of your CII exams. We’ll also highlight some of the other key tax year changes that were previously announced.
Available for AF1, AF4, R02, R03, R04, R06, J05, J10, J12, CF6
Many exam-takers lose vital marks when it comes to performing calculations as they haven’t nailed down the exact process and order in which to perform the calculations, and haven’t spent enough time practising them.
The number of marks gained or lost on calculation questions can make the difference between a pass and a fail. Just a little more time taken on calculations during the revision period can give you the confidence you need to perform any calculation that could come up, so that you know you will gain top marks on all those calculation questions.
Our calculation workbooks guide you through the calculations, step-by-step, and providing detailed answers, with cross references to the relevant CII study text. All questions and answers kept up-to-date to reflect changes to the exam syllabus and tax year, and you can download them instantly in PDF format.
..."I passed R02 – No doubt thanks to your fantastic workbook which helped no end! With the extra work that I did going through your workbook, this helped a great deal with feeling confident which in this exam particularly was useful given that the technique and timing is as important as the knowledge and skill in ensuring that you get through the questions in a timely manner. One could so easily become distracted or frustrated trying to work out/remember one particular formula to the deficit of the other questions but your workbook enabled me to feel glad that there were so many calculations in the exam whereby before I actually feared them."...
Here’s a reminder that the CII update their study texts throughout the examinable year to either incorporate new legislations, correct errors, or clarify information. Many candidates aren’t aware of this, which can result in candidates studying out-of-date information.
To find out if you have the most up-to-date information, visit the CII website, navigate to your chosen exam and click on ‘learning solutions update’ in the ‘Unit updates’ section in the sidebar.
Quote of the Month
..." Behind every brilliant performance there were countless hours of practice and preparation. "...
