Search results for "AF1"
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The CII AF1 April 2018 Exam in Review
As the CII have now released their exam papers from April, it’s time for us to see what was tested this time round; we kick off with the AF1 exam: Personal Tax and Trust Planning. This will be invaluable reading as you prepare for your CII AF1 exam. If you haven’t seen it yet, then the paper can be found here: […] -
The Certainties of Life: Death, Taxes and IHT Questions on your CII AF1 or R03 Exam
There are only two certainties in life according to Benjamin Franklin. To those, we can add the certainty that questions on Inheritance Tax (IHT) will come up if you are sitting the R03 exam and of course the AF1 exam. Learn more about it so you don’t get caught out on exam day. THIS ARTICLE IS RELEVANT TO EXAMINABLE TAX […] -
Our Review of the October 2017 CII AF1 Exam – Application of Knowledge is Key
As the CII have now released their exam papers from October 2017, it’s time for us to start scrutinising them – this week we start with AF1 Personal Tax and Trust Planning. This will be invaluable reading as you prepare for your CII AF1 exam. If you haven’t seen it yet, then the paper can be found here: http://www.cii.co.uk/media/7774723/af1_october_2017_qp.pdf Question 1 […] -
Our Review of the April 2017 CII AF1 Exam – The Key is in the Preparation
As the CII have now released their exam papers from April, it’s time for us to start scrutinising them – we start with AF1 Personal Tax and Trust Planning. This will be invaluable reading as you prepare for your CII AF1 exam. If you haven’t seen it yet, then the paper can be found here: http://www.cii.co.uk/media/7495520/af1_april_2017_qp.pdf Question 1 This is […] -
The April 2016 CII AF1 Exam: The Key is in the Preparation
Looking at the questions set in April’s CII AF1 Personal Tax and Trust Planning exam has been really interesting. In this article, we review these questions and highlight areas on which to focus your revision. If you haven’t seen it yet, then the paper can be found here: http://www.cii.co.uk/media/6827640/af1_april_2016_qp.pdf Question 1 Question 1 is the big 80-point question, and candidates […] -
The April 2015 CII AF1 Exam – An Exam for the Capital Gains Tax Guru in You
The exam paper for the April 2015 sitting of the CII AF1 exam has been released. In the following article we take a look at what was covered and we give you pointers on how you can approach your studies for the next exam sitting. Looking at the questions set in April’s AF1 Personal Tax and Trust Planning exam has […] -
Sitting AF1 this April? Here’s our view on the October 2014 CII AF1 exam
The exam paper for the October 2014 sitting of the CII AF1 exam has been released. In the following article we take a look at what was covered and we give you pointers on how you can approach your studies for the next exam sitting. The AF1 paper consists of one main case study worth 80 marks and two shorter […] -
Top Tip – National Insurance Employment Allowance – CII R03, R06, AF1, AF5
THIS ARTICLE IS RELEVANT TO EXAMINABLE TAX YEAR 2021/22. From April 2014 an employment allowance was introduced for businesses, charities and community amateur sports clubs. The annual ‘employment allowance’ is currently £4,000 which can be offset against their liability to Class 1 secondary contributions. Effectively a £4,000 nil rate band for employers – but not employees. This is set to […] -
Top Tip – Tax Payment 31st January 2014 – CII CF2, CF5, R03, R06, AF1, AF5
http://www.brandft.co.uk As December approaches some may be thinking more of the 31st January tax bill that’s looming rather than Santa and his reindeer. The self-employed are only too familiar with the January ‘tax blues’ and the prospect of having the first payment of account to pay for the current tax year as well as the balancing payment that’s due for […] -
Top Tip – Rental Income and Tax – CII R03, R06, AF1, AF5
http://www.brandft.co.uk/ I read over the weekend that HMRC is keen to ensure that all the landlords in the UK are paying the correct amount of income tax and how important it is therefore to ensure you are declaring any income from rental properties and keeping accurate and up-to-date records not just of the rents but of expenditure too. It got […] -
Top Tip – Child Benefit and Pension contributions continued – CII R03, J01 or AF1
Last time, I started off the topic of Child Benefit and what could be done if someone was in danger of losing some/all of it – I mentioned pension contributions and since then I’ve been asked to expand on this point for someone affected this year, so here goes. Jo was our parent from last time – she earns £54,000 […] -
Child Benefit Tax Charge – CII R03 or AF1
The high income Child Benefit Tax Charge is a tax charge for individuals with total taxable income over £50,000 who are in receipt of Child Benefit. The charge gradually claws back up to 100% of the benefit as earnings increase over £50,000. The charge is collected via Self-assessment. The tax charge is 1% of the child benefit for every £100 […] -
AF1 Exam: Personal Trust and Tax Planning
What to Expect from the AF1 Exam The AF1 exam, personal trust and tax planning, is one of the exams that can count towards the Advanced Diploma in Financial Planning. Candidates who have already completed the Diploma in Financial Planning should have the necessary technical knowledge to start to tackle the Advanced Diploma. The Advanced Diploma in Financial Planning requires […] -
Tax Implications of Assigning Investment Bonds
In this article, we take a look at the assignment of onshore investment bonds, focusing in particular on the tax implications. This article is particularly relevant to the CII R01, R02, R03, R06, AF1, AF4, and AF5 exams.