Business Planning Taxation (BPT)

Module aim

To enable candidates to apply technical knowledge and professional skills to identify and resolve tax issues that arise in the context of preparing tax computations and to advise on tax-efficient strategies for businesses and individuals.

Candidates will be required to use technical knowledge and professional judgement to identify, explain and evaluate alternative tax treatments and to determine the appropriate solutions to taxation issues, giving due consideration to the needs of clients and the interaction between taxes. The commercial context and impact of recommendations will need to be considered in making such judgements, as will ethical and legal issues.

Method of assessment

The Business Planning: Taxation module will be examined using traditional paper based assessments. The paper based exam will be 2.5 hours in length. This exam will contain questions requiring the use of communication, judgement and evaluation skills as well as an ability to understand the interaction of different taxes.

The exam will consist of three questions. One question will be an integrated scenario of approximately 40 marks which will cover a range of taxes as well as including tax planning. Ethics and law may be tested in any of the three questions.

The exam will be open book and will permit candidates to take any written or printed material into the exam hall subject to practical space restrictions.

The pass mark of this module is 55%.

Links to other ACA papers

POT and TC prior knowledge is required for BPT module.

BPT provides the basics to progress to the Advanced level.