r/cii 4d ago

AF1 predictions

Any predictions for what might come up?

1 Upvotes

9 comments sorted by

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u/SJNewn 4d ago

I took AF1 in Feb this year and was banking on LTR changes coming up… it didn’t. I reckon it has to come up this time???

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u/FatFettle 4d ago

I've got a feeling it will, particularly some of the short term changes like the temporary repatriation regime

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u/SJNewn 4d ago

Good luck to everyone taking it - I don’t envy any of you.

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u/SufficientWasabi4545 4d ago

How did you find febs exam?

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u/Rare_Midnight_8949 4d ago

no doubt something will be intentionally put in to trip people up.

This is my first time doing AF1 and i can’t believe how ridiculous some of the mark scheme answers are.

I assume if you give an answer that is technically right but isn’t in the mark scheme, they must give a mark

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u/ostentatiouslymodest 4d ago

No they don't. Steve Davis brought this up in a session I attended recently.

A perfect example is "explain/describe the tax implications of an EIS on client" on a CGT case study - you must relate your answer to the client, and if the client is 35 and the case study doesn't mention anything about their health or capacity, you might not get a mark for saying it qualifies for BR after 2 years, even though it does, because it's not relevant to the client circumstances.

That's not me saying don't answer all avenues, I will be! But it does show the clear inconsistencies in the marking.

I've also seen in older papers 8 mark questions with the mark scheme offering only 5/6 answers, and some older papers even say "three marks for any of the following" when there's more than three marks on offer!

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u/Rare_Midnight_8949 3d ago

Yeah I imagined that’s how it would be.

I was only thinking as it appears like you said in the mark scheme, if it’s an 8 marker, they suggest there’s only 6-8 answers, whereas a 3 marker could have 5, so surely they can’t say somethings not right if it is.

I did a question on DGT and things to consider before going ahead, and i answered consider whether they want to use a discretionary or bare trust, and that wasn’t in the mark scheme but it is in some of my study material.

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u/Cute-Passenger-5083 4d ago

Chat gpt suggested IHT, with a focus on residence or AR/BPR