Registered AITI Tax Qualification Info and Questions

princess123

princess123 wrote: »

I'm sitting the personal tax exam next week - as this is a repeat for me I'm using the old legislation books - there has been quite a lot of changes in the 2014 FA. Can anyone tell me are the changes in the FA 2014 being examined in the exams next year and not in the exam next week?!

Thanks!

The Autumn sitting (next week) has the same legislative basis as the April sitting - i.e legislation up to FA 2013 no2 as far as I know.

Barker152

Does anyone know the going rate for a tax trainee- in Limerick?

coolaboola14

Barker152 wrote: »

Does anyone know the going rate for a tax trainee- in Limerick?

Starting off its c.15K with a jump to 18K after Y1. That's in the smaller firms - not too sure but I'd imagine the big 4 etc. are slightly higher.

Barker152

Once you get the CTA qualification, what would you be on then, would anyone know?

scheister

Starting my part 3 next month. Did not do part 1 and 2 as my masters got me excemptions from there. Just wonder what the standard amount of study leave for parts 3 would be?

adrianw

I believe in order to get exempt from part 1 and 2 - you need to get an extremely high mark in your masters from Limerick?

If you got high enough to be eligible for the exemptions, you will not find the part 3 too difficult.

(they are extremely difficult, but i'm assuming you scored a high 1st class honours?)

scheister

adrianw wrote: »

I believe in order to get exempt from part 1 and 2 - you need to get an extremely high mark in your masters from Limerick?

If you got high enough to be eligible for the exemptions, you will not find the part 3 too difficult.

(they are extremely difficult, but i'm assuming you scored a high 1st class honours?)

In the UL master it's a b3 average in the tax subjects to get the part 1 and 2 exemptions. So rule of tumb get a 2:1 and ur sorted.

ireland99

Anyone waiting on Part 3 results, How did u find the exams?

silverfox88

Just a few questions -

I have all CAP 1 exams and CAP 2 taxation. Does anyone know if this would make me exempt from the Part 1 exams? Per the website having CAP 1 and 2 exempts but I only have the taxation exam for CAP 2.

Secondly, is it possible to sit the exams and get the materials (books, past papers) without enrolling on the course for lectures with AITI?

Thanks in advance!

DmanDmythDledge

Does anyone know what is the standard and/or ITI recommended study leave for Part 2 and Part 3 examinations?

leinsterdude

anyone know if a company can save tax money on hiring equipment to do manual jobs, versus purchasing the same outright ?

barneystinson

leinsterdude wrote: »

anyone know if a company can save tax money on hiring equipment to do manual jobs, versus purchasing the same outright ?

I don't know what a tracker mortgage is.

leinsterdude

leinsterdude wrote: »

anyone know if a company can save tax money on hiring equipment to do manual jobs, versus purchasing the same outright ?

Anyone ???

barneystinson

leinsterdude wrote: »

Anyone ???

See my previous response.

Hint: Look at the name of this thread, and previous conversation... maybe start a new thread...

Pawwed Rig

silverfox88 wrote: »

Just a few questions -

I have all CAP 1 exams and CAP 2 taxation. Does anyone know if this would make me exempt from the Part 1 exams? Per the website having CAP 1 and 2 exempts but I only have the taxation exam for CAP 2.

Secondly, is it possible to sit the exams and get the materials (books, past papers) without enrolling on the course for lectures with AITI?

Thanks in advance!

I would think that you would need all of CAP 2 as you are being exempted from the accountancy module but better to phone the Institute and ask.

silverfox88

Pawwed Rig wrote: »

I would think that you would need all of CAP 2 as you are being exempted from the accountancy module but better to phone the Institute and ask.

Yeah you're correct, I spoke to the institute - CAP 1s get you the group one exemption - only required to sit CGT fundamentals and Income Tax fundamentals in the Part 1 exams.

dance3eye

Hi All,

I am doing Part 1 exams and struggling - anyone know of any good grinds providers? any info on the likely cost I should expect to pay would also be great.

thanks

Pawwed Rig

It is very early to be looking at grinds imo. The first few weeks can be overwhelming but you just need to get your head down into the books. Are there any qualified people where you work that could give you some help?

scheister

Hey everyone in the part 3 Indirect class in dublin the lecturer spoke about a EU case that was similar to CIBO but the judge gave a different ruling. Name of company was something like Rentrea.

Does anyone have the correct name for that case??

Dublinboard

scheister wrote: »

Hey everyone in the part 3 Indirect class in dublin the lecturer spoke about a EU case that was similar to CIBO but the judge gave a different ruling. Name of company was something like Rentrea.

Does anyone have the correct name for that case??

Hey doing the course aswell but can't find the case!

scheister

Dublinboard wrote: »

Hey doing the course aswell but can't find the case!

Finally found the case the other day.

http://curia.europa.eu/juris/document/document.jsf?text=&docid=165920&pageIndex=0&doclang=EN&mode=lst&dir=&occ=first&part=1&cid=369323

ChartAccount

Is there any Grinds and NOTEs simialr to ACA Chartered Grinds School.

I am thinking there must be some notes floating around especially in the Big 4 firms.

If anyone ahs heard of this or has notes would they mind helping me out.

I am looking for Part 2 notes...if part 3 notes around i will take them too!

Thanks

scheister

ChartAccount wrote: »

Is there any Grinds and NOTEs simialr to ACA Chartered Grinds School.

I am thinking there must be some notes floating around especially in the Big 4 firms.

If anyone ahs heard of this or has notes would they mind helping me out.

I am looking for Part 2 notes...if part 3 notes around i will take them too!

Thanks

taxgrinds.ie is one place to try but they are booked out atm but are putting people on a waiting list

ChartAccount

scheister wrote: »

taxgrinds.ie is one place to try but they are booked out atm but are putting people on a waiting list

I contacted them, they said they don't do waiting lists and wont contact me in the future about a place on the course.

Also they don't sell notes separately.

Not very helpful really, would turn you off them!

Frantic FAE

Contacted Taxgrinds.ie, was put on a cancellation list then shortly after that got a place on the revision course. Having done their course and studied their notes I'm not surprised they're always booked up.

Dublinboard

Is that for part 3 ctA? Any good? What was covered

scheister

Frantic FAE wrote: »

Contacted Taxgrinds.ie, was put on a cancellation list then shortly after that got a place on the revision course. Having done their course and studied their notes I'm not surprised they're always booked up.

just wondering when you contacted them as when i did i was told even cancellation list was full

Frantic FAE

Before Christmas

Frantic FAE

Dublinboard wrote: »

Is that for part 3 ctA? Any good? What was covered

No, Part 2 - Very good - Course covered the trickiest parts of the syllabus

Frantic FAE

scheister wrote: »

just wondering when you contacted them as when i did i was told even cancellation list was full

Before Christmas