Did you sit your FAE Tax Elective in 2017?
Do you believe you have a good understanding of the Tax Syllabus yet your results don’t reflect this?
• Poor exam technique i.e. bad time management skills, not identifying the indicators, etc.
• Not providing the information required by the Examiner i.e. not outlining the relevant conditions of a particular relief and as a result failing to identify the correct tax treatment.
• Analysing previously unseen exam questions to identify the salient points i.e. what should you look out for in any given situation / what words and phrases are important / why did the Examiner include them in the question?
• Working out how to identify the relevant tax heads when under exam pressure i.e. if you can identify the tax head you can identify the tax reliefs and exemptions.
• How to structure your answers so that you don’t leave anything out i.e. how much detail should you give in your answer / is what you've written accurate and relevant / what else could you have written to gain maximum marks and ensure you pass?
• How to write the comprehensive exam answer that covers all the points required by the Examiner to ensure you PASS YOUR EXAM.
It’s not enough to possess a strong understanding of Tax, you must convince the Examiner of how much you know.