Septemer 2021 ACCA ATX(M) Exam preparation

  

What a year! It is September ACCA AAA exam cycle and you have been preparing for this exam since forever.  Some of the students had to postpone their exams in June 2021 due to the exam cancellation 

One of my students that set for remote invigilation in Johor managed to get the highest score in Malaysia for the ACCA ATX (Malaysia) paper for June 2021.

His approach was simple - follow the advice that was given and practice as much as possible the past papers; develop a strong accounting and audit sense and do the paper.

Exam advice 

1. Aim to get 50% of the marks first out of the way by targeting what can be done
2. Read all the examiner articles about technical matters
3. Rest well before the exam - a tired mind is not going to help you answer the question

ABOUT JPROTRAINING FOR ACCA DECEMBER 2021 PREPARATION

Those planning to prepare for the December 2021 ACCA exams Jpro Training has the most intensive and flexible 3 months course for working adults; using the most experienced lecturer to deliver exact examinable materials

We are now offering live online classes, and hybrid online classes; if possible face to face classes if lockdown is relaxed.

Studying at Jpro - you are studying with the expert tutor - Mr Jay FCCA who has guided the last 4 Malaysian top ACCA students in June 2021; Sept 2020; Dec 2019 and Sept 2019 for 3/4 of the papers.  There are more than 25 years of cumulative lecturer knowledge and experience to guide you.

In fact ATX Malaysia prize winner for June 2021 had used Jpro materials to get their results 

Sign up now for Jpro Online Dec 2021 preparation or suggest your friends to also visit it - we are sure our materials will help you focus on what is important

In the coming ACCA September 2021 exam cycle the following areas should have chance of coming out.

Corporate scenario question - Q1

1. The examiner likes to focus on some form of computation in this area to support the answer; you will have to show the workings for either ITA, PS variation or Automation allowance or Export allowance
2. It will be possible for the examiner to include TaxEBITDA if there is a foreign HQ
3. Consider treatment of expenses incurred
4. Agriculture allowance / IBA is also possible in this question
5. Report being prepared to the MD of the company
6. Computation of expected tax implication for the selected incentive or event the selected method of doing business
7. Consider branch vs subsidiary question
8. SST treatment - sales tax registration issues and implications for earlier registration

Individual tax / Other situations - Q2

1. Questions here are focused and shorter compared to Q1.
2. In this current exam, this may be location for death, RPGT with death, lease in RPGT, lease asset treatment
3. Rental income treatment
4. Interest income treatment and possible restrictions for interest deduction
5. Income derivation rules

Other questions - Q3/Q4

• This covers wide variety of issue and will include the following areas as possible exam focus

1. Labuan tax implications (payment and entity tax)
2. Unit trust or REIT
3. Trust treatment - residence
4. Service tax treatment issue - this is wide scope
5. Permanent establishment
6. Individual - ESOS; Gratuity vs Compensation; Gift; Foreign secondment; Residence planning; 
7. RPGT; Partial disposal / Small capital exemption
8. Controlled transfer and capital allowance treatment
9. RPGT - 75% share transfer rule; liquidation NGNL; group efficiency NGNL requirements; RPGT Loss
10. Tax administration and compliance - tax audit vs tax investigation; powers of DGIR; RPGT compliance requirements 
11. WHT tax with application of S.107
12. Settlement 

The above is not all the areas that can come out for the exam, it is vital that you have updated yourself with the latest tax knowledge and apply the relevant answers.

Your memory of the key ideas are very critical and need to be fresh when going for the exams

Good luck in your preparation and hope for the best.

ACCA ATX (M) March 2021 Exam Tips and Spots

 

 It's back to that time of the year when you are looking for tips for ACCA exams.  This exam must be a stressful period - lockdown and all the pandemic issues that have affected many.

Yet you have the courage and commitment to see yourself to the exam hall. Bravo!

Those planning to prepare for the June 2021 ACCA exams - sign up now with Jpro Training for the class. We have the most intensive and flexible 3 months course for working adults.

We are now offering live online classes, and hybrid online classes; if possible face to face classes if lockdown is relaxed.

Studying at Jpro - you are studying with the expert tutor - Mr Jay FCCA who has guided the last 3 Malaysian top ACCA students in Sept 2020; Dec 2019 and Sept 2019 for 3/4 of the papers.  There are more than 25 years of cumulative lecturer knowledge and experience to guide you.

Sign up now for Jpro Online June 2021 preparation or suggest your friends to also visit it - we are sure our materials will help you focus on what is important

In the coming ACCA Mar 2021 exam cycle for ATX paper (Malaysia) the following is possible

Q1

This is a corporate case with the possibility of the following issues being included

- Pioneer incentive

- MITC incentive

- Sales tax (importation; offset; bad debt)

- WHT

- Capital allowance for plant and IBA

- Controlled transfer situation

- Amalgamation or Liquidation issues - related implication of stamp duty and RPGT.

Q2

This will likely have RPGT - death; small capital exemption; treatment of compliance issues with RPGT

Individual tax - compensation for loss of office; gratuity; ESOS; residence planning

Rental income treatment for business and rent income

Q3

Unit trust; LLP vs partnership; Lease company taxation - different type of leases; labuan tax treatment; permanent establishment; unilateral and bilateral tax relief computation

Group relief and group related RPGT (transfer of property)

Q4

Interest rate treatment; service tax question on group and importation (Technical article)

Note

Other issues to be careful about

Now remember this is just my best guess and not really the things that will come out for the exam - so don't blame me if this does not come out.  The exam team is kind of hard to predict given that there is a team of examiners and not all are of stable approach to the exam. Cover everything and ensure all the past papers have been reviewed.

Good luck in preparing for exam.

Those taking the paper - take note that this paper used to be easier to pass up to 2018 due to existence of a leak.  This leak has now been closed and the paper is now much more harder to pass compared to the past.  Reliance on 20 plus question to pass is not enough; you need to cover the whole syllabus.

There is no short-cut other than complete preparation

The exam team has also released a new paper called the marker view.  Please review it to get some insights.

ACCA ATX March 2021 / June 2021 exam preparation

 

Are you preparing for acca ATX (Malaysia) for 2021 exam cycle

march 2021 is the last paper based exam.  you can study with jprotraining.

if you want to prepare over a period of 6 months, sign up with Sunway college Johor for the 6 months part time course

all the courses are online live and supported with pre-recorded video if you miss the materials

study with the experts who have prepare students for 3-months courses for over 4 years.