ATX Advanced Taxation builds on knowledge acquired at TX. The syllabus develops the key aspects introduced at TX and extends the students' knowledge and their ability to apply their knowledge to issues commonly encountered by individuals and businesses.
Key syllabus areas include:
The ATX exam is a 3 hour 15 minute written exam in two sections.
Questions are scenario based and will usually consider more than one tax, elements of planning and interaction of taxes.
One of the key differences between this paper and TX, is that computations are normally only required to support explanations or advice and do not appear in isolation. The examiner wishes to develop students' skills of analysis, interpretation and communication, using tax planning methods and considering current issues in tax. There is more written work than in TX and as the examiner often says, you really need to "know your stuff" to pass this exam.
Read through your TX materials, as this will be assumed knowledge.