When preparing for a TX-variant exam, it is essential that you become familiar with the reference information provided to you within the exam, and that you are able to make the best use of this when answering questions.
This reference material, commonly known as the ‘tax tables’, is a schedule of rates and allowances relevant to the tax year which is being examined in that particular session.
Efficient use of the tax tables within the exam can:
As the tax tables are different for each exam year, you should ensure that you have access to the version applicable to the exam session you will be sitting.
The name of the PDF document will contain the exam sessions to which it relates to assist you in selecting the correct one.
Get into the habit of using the tax tables when practising questions, thereby:
If you always have the tax tables easily available when practising questions, you will get accustomed to using them.
It is equally important to understand which information is not included within the tax tables, so that you make sure to learn this, and are not searching the tax tables during your exam for information which isn’t included.
Take the time to become used to working with an onscreen version of the tax tables as your exam date approaches. You can do this using the ACCA Practice Platform, which replicates the test environment that you will experience on exam day, including the way in which the tax tables are accessed.
The tax tables can be accessed at any point in the exam by clicking on the Help/Tax tables icon located at the bottom left of the main question screen.
This takes you to the standard Help screen, which contains three tabs along the top. Clicking on the second of these tabs will open the tax tables (Please note that the screenshot below is for illustrative purposes only).
Within the exam, the TX tax tables will be presented as a single continuous document, and you can use the right hand scroll button to move down through the full content. In addition, the icons along the top of the screen offer the following functionality:
Standard CBE functionality applies to the window in which the tables are displayed meaning that it can be resized and moved around the screen such that it is still visible when other parts of the question are being viewed, or work on the answer is underway (cascaded or tiled).
|Why don’t you go on to the Practice Platform now and experiment with opening the tax tables, using the icons along the top, and resizing and relocating them around the screen?