Thursday, June 18, 2015

Spot Q for 2015 D04 Tax

Q.
Could you spot questions for D04 Taxation in Estate Agent Exam Part 1, 2015?

A.
See analysis for past years below:


When you prepare for D04 Property Taxation, you would want to do the smart approach. Like in D02 Law, you would prepare the topic which has more questions as options. In D02 Law, obviously that is Contract which has a potential 2 questions. Indeed, it is a better bet than say Arbitration, which will be 1 question.

So, in Tax, the topic is Stamp Duty together with RPGT. Each year, likely there will be 2 questions from this topic, mostly with calculations tagging along.

Although I have identified 5 questions out of 7 in D04, actually you only study 4 topics. The reason being 2 questions originate from 1 topic - Stamp Duty with RPGT.

I have omitted Capital Allowance due to the fact that it is uncertain how much of information is required. Capital Allowance has different rates for different categories of capital assets, and remembering them may be difficult.

Land alienation is also a complicated topic with rates for calculating the premium on conversion. I guess they are not regular questions after all.

As on 10.Jun,2015 (2 months ahead of exam in Aug, 2015)

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