BPP: Dec 2007 Exam Tips (P6)

P6

Following are the Exam tips for P6 Adanced Taxation that are likely to appear in Dec 2007 Attempt.

• Inheritance tax – death estate, tax calculation on gifts in lifetime and on death, BPR relief
• Capital gains tax – overseas aspects, incorporation relief, gift relief
• Corporation tax – groups and consortia,reorganisations, close companies, rollover relief
• VAT - special schemes, partial exemption, imports/exports
• Income tax – overseas aspects, termination payments, share schemes and EIS/VCT schemes