ACCA Taxation (TX) FAQs
Q1. What is the format of the ACCA Taxation (TX) exam?
The ACCA Taxation (TX) exam is a computer-based exam (CBE) that tests practical skills and technical knowledge. It consists of three main sections:
- Section A: 15 objective test (OT) questions worth 2 marks each, covering multiple areas of the syllabus.
- Section B: 3 scenario-based questions, each comprising five OTs worth 2 marks each, testing application of knowledge.
- Section C: One 10-mark and two 15-mark constructed response (CR) questions, focused primarily on income tax and corporation tax. These include both written analysis and calculations.
This structure requires candidates to not only know the tax rules but also apply them in practical scenarios—key for success in any association of chartered certified accountants course.
Learn more about the TX exam format on the official ACCA Global Taxation TX page.
Q2. What topics are covered in the ACCA Taxation (TX) syllabus?
The TX syllabus under the ACCA course includes a wide range of topics aimed at building a strong understanding of the UK taxation system:
- Income Tax: Understanding liabilities of individuals, self-employed, and investment-related income.
- Corporation Tax: Tax computation for companies and group structures.
- Capital Gains Tax: Treatment of gains on disposal of assets.
- Inheritance Tax: Liabilities during lifetime and on death.
- Value Added Tax (VAT): Its application and implications for businesses.
- National Insurance Contributions (NICs): For both employees and self-employed.
These topics are foundational for anyone enrolled in an acca association of chartered certified accountants programme.
Q3. How should candidates revise for the TX exam?
To succeed in the ACCA course for Taxation, candidates should adopt a structured and strategic approach:
- Practice Exam-Standard Questions: Doing timed practice papers enhances speed and accuracy.
- Use Quality Study Resources: Providers like Kaplan (www.kaplan.co.uk) and OpenTuition (www.opentuition.com) offer excellent study materials and revision tools.
- Review the Entire Syllabus: Ensure no topic is left uncovered as exam questions are unpredictable.
This comprehensive approach ensures readiness for any acca course price investment made, and optimizes your return on the acca course cost.
Q4. What are some key tips for passing the TX exam?
To maximize your chances of success in the acca taxation exam, follow these proven tips:
- Plan Your Answers: Especially in Section C, where structured responses are required.
- Focus on High-Yield Topics: Income tax and corporation tax are frequently examined.
- Simulate Real Exam Conditions: Take full mock exams using Kaplan or OpenTuition platforms.
- Use Official Guidance: Examiner’s approach articles on ACCA Global help understand what examiners are looking for.
All of these efforts ensure the best value for your acca course fees and prepare you effectively for advancing in the association of chartered certified accountants course pathway.
Q5. Where can I find additional resources and support for the TX exam?
Students taking the acca taxation (TX) paper can access a wide variety of support and resources:
- ACCA Global – The official acca website, offering detailed syllabus guides, examiner reports, and practice tests. Use your myacca login to track your study progress.
- OpenTuition – Free notes, lectures, and forums tailored to acca my students.
- Kaplan – Offers both classroom and online tuition with full exam kits and revision support.
- ACCA Study Hub – A digital platform provided by ACCA for enrolled students to access interactive study materials and practice tools.
Ready to take your career to the next level? Join our dynamic courses: ACCA, HESI A2, ATI TEAS 7 , HESI EXIT , NCLEX – RN and NCLEX – PN, Financial Literacy!🌟 Dive into a world of opportunities and empower yourself for success. Explore more at Serrari Ed and start your exciting journey today! ✨
Choose your Preferred Package
ACCA Packages Pricing. Save – Up to 90%+ Discount
Individual subjects online access @$35per subject 90 days access one off payment
All-in-one 90 days access @$99.99 one off payment
Individual subject’s pdf ebook lifetime access @$45 per subject off payment