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  • The Little-Known Tax Perk of Being Married

    Previously, we looked at the Married Couple’s Allowance, a tax break for married couples where at least one of the partners was born before 6 April 1935. In this article, we introduce you to the lesser known Marriage Allowance, an income tax break for married couples of any age, but there are still very specific eligibility conditions in order to benefit from this allowance. Here, we discuss those circumstances and provide an example that will be useful to those who are studying for any of the CII CF1, R01, R03, R06, AF1, or AF5 exams.

  • Married Couple’s Allowance: Tax Relief for Older UK Couples

    The Married Couple’s Allowance is a significant tax benefit available for couples in the UK where at least one partner was born before April 6, 1935. This article outlines the key features of this allowance and will be useful to those who are studying for any of the CII CF1, R01, R03, R06, AF1, or AF5 exams.

  • The Main Changes in the 2025-26 CII R03 Study Text

    Here, we take a look at the main changes that you’ll come across in the 2025/26 version of the CII’s R03 study text. As there have been no significant syllabus changes, the majority of the amends stem from the Autumn Statement 2024, the Spring Budget 2025, and the turning of the tax year. This article is particularly relevant to the CII R03, R06, AF1, and AF5 exams

  • Basic vs New State Pension: Key Differences Explained

    In this article, we take a look at the key differences between the two main types of State Pension: the Basic State Pension and the New State Pension - relevant to the CII's R01, R04, R05, R06, AF1, AF7, and AF5 exams.

  • What are the duties of trustees?

    The CII exam on trusts is J02; the exam is 2 hours long with 15 short-answer questions giving a total of 130 marks. Here is an example question that will help exam candidates answer questions on the duties of trustees.

  • When will the Autumn Budget 2024 changes be tested?

    As you prepare for your CII exams, it is essential to stay informed about recent changes to various laws and regulations that will be tested in your upcoming exams. Below are the key changes from the Autumn Budget you should be aware of, along with the dates from which these changes will be examined.

  • Brand Bitesize: Business Asset Disposal Relief

    To help you prepare for your CII R03 exam, this Brand Bitesize video explains Business Asset Disposal Relief - also a quick revision tool for AF1.

  • All You Need to Know About ISAs

    In the 2023 Autumn Statement, the Government announced a package of ISA reforms, most of which came into effect from 6 April 2024. In this article, we take a look at what these reforms involve - useful reading for those preparing for the CII's R01, R02, R03, R06, AF1, AF4, or AF5 exams.

  • A Closer Look at Purchased Life Annuities

    In this article, we look at purchased life annuities, focusing in particular on their taxation and the reasons for and against their purchase - useful for CII R02, R03, R04, R06, J05, J10, AF1, AF4, and AF5 exam preparation.

  • A Clever Way of Reducing the Child Benefit Tax Charge

    This article shares with you an example where a couple, who are receiving the child benefit for their two children, are able to reduce their child benefit tax charge and receive an effective tax relief of just over 60%.

  • How to Determine Periodic and Exit Charges on a Discretionary Trust

    Discretionary trust taxation came up on a recent CII AF1 paper, and as much as we have covered this subject before, it seems a timely reminder for those thinking of sitting this exam in the future - also useful reading for J02, R03, R06, and AF5 exam takers.

  • Income Tax Calculation Using the 6 Steps

    In this blog post, we’re going to put the six steps to working out someone’s income tax liability into practice. This is useful knowledge for your CII R03 or AF1 exam preparation.

  • Understanding Charitable Trusts and Their Tax Treatment

    Increasingly, individuals are turning to charities for vital support in times of need where their needs are not met by government services due to cost. Food bank charities are a prime example. This article is particularly relevant to the CII's AF1 and J02 exams.

  • Current CII Exams Pass Rates – as at May 2024

    The CII has now released their pass rates for 2023.  Here, we discuss the pass rates and what we can learn from them.

  • 2022 CII Exams: Mapping the Route Ahead

    With the release of next year’s written CII exam dates, now is a good time to think of how different units can contain overlapping content and how this might affect when units are taken.