ACCA Taxation (TX) FAQs

1. What is the format of the ACCA Taxation (TX) exam?

The ACCA Taxation (TX) exam is a computer-based exam (CBE) that consists of
three sections:

• Section A: Contains 15 objective test questions, each worth 2 marks, covering various syllabus areas.
• Section B: Comprises three questions, each containing five objective test items worth 2 marks each, based on scenarios from any area of the syllabus.
• Section C: Includes one 10-mark question and two 15-mark questions, focusing primarily on income tax and corporation tax computations with a mix of written and computational elements.

2. What topics are covered in the ACCA Taxation (TX) syllabus?

The syllabus covers:

• Income Tax: Liabilities for individuals, including self-employment and investments.
• Corporation Tax: Liabilities for individual companies and groups of companies.
• National Insurance Contributions: For both employed and self-employed persons.
• Value Added Tax (VAT): Impact on businesses.
• Capital Gains Tax: Chargeable gains on disposals of investments.
• Inheritance Tax: Liabilities arising from lifetime transfers and on death .

3. How should candidates revise for the TX exam?

Effective revision strategies include:

• Practicing exam-standard questions: Regular practice under exam conditions helps improve time management and answer presentation.
• Using study resources: Leverage study texts, revision kits, and online lectures from approved providers like Kaplan and OpenTuition.
• Covering all syllabus areas: Ensure a comprehensive review of all topics to avoid surprises during the exam .

4. What are some key tips for passing the TX exam?

• Plan your answers: Spend a few minutes planning your approach to each question, especially those involving complex computations.
• Focus on frequently examined topics: Prioritize areas that are often tested, as indicated in the examiner’s approach articles.
• Utilize past papers and mock exams: These resources help familiarize you with the exam format and question styles .

5. Where can I find additional resources and support for the TX exam?

• ACCA Global: Provides detailed syllabus guides, technical articles, and specimen exams.
• OpenTuition: Offers free lectures, notes, and forums for interactive learning and support.
• Kaplan: Provides comprehensive study materials, including study texts and exam kits .

For more detailed information and resources, visit the ACCA Global TX page and OpenTuition TX section.

---

Choose your Preferred Package

ACCA Packages Pricing. Save – Up to 90%+ Discount