Description
Course Overview
Forms part of:
The Advanced Diploma in Regulated Financial Planning
Credits awarded
30
Exam length
3 hours
Exam type
Written
Exam content
Case study based exam. 160 marks spread over 3 compulsory questions.
Pass mark
In the region of 55%
Please note that whilst we recommend you study each module week to week, the full learning programme is released to you upon purchase. This allows you to learn at your own pace.
Learning Outcomes
Week / Module 1
R03 part 1 review
- AF1 intro document
- Our guide to effective study
- Full access to R03 study materials from weeks 1 & 2 of the programme
- Exercises and supporting materials
Week / Module 2
R03 part 2 review
- Intro to week 2
- Full access to R03 study materials from weeks 3 & 4 of the programme
- Exercises and supporting materials
Week / Module 3
Income Taxation & National Insurance
- Intro to week 3
- Income taxation walkthroughs including relevant feedback
- Income taxation exam standard questions
- Completed versions of the above for debrief
- Three new NICs exam standard questions
- Completed versions of the above for debrief
Week / Module 4
Capital Gains Tax & Residence/Domicile
- Intro to week 4
- CGT walkthroughs including relevant feedback
- CGT exam standard questions
- Completed versions of the above for debrief
- Residence & domicile critical information handout – framed for AF1 questioning
- Residence & domicile scenario
- Completed version of the above exercise
Week / Module 5
Inheritance Tax
- Intro to week 5
- IHT walkthroughs including relevant feedback
- IHT exam standard questions
- Completed versions of the above for debrief
- In depth walkthrough of cumulation with examples
- POAT & GWR handout – framed for AF1 questioning
Week / Module 6
Wills, intestacy, powers of attorney and the taxation of Collective Investment Schemes
- Intro to week 6
- POAs & wills exercise
- Completed version of the above for delegate notes
- EIS/SEIS/VCT exercise
- Completed version of the above for delegate notes
- Investment bond calculation walkthrough
- Taxation of collective investment schemes summary– including property
- Investment taxation scenario
- Completed version of the above exercise
Week / Module 7
Trusts & Bankruptcy
- Intro to week 7
- Trusts overview – the basics (key J02 summary)
- Trustees powers and responsibilities (key J02 summary)
- Trusts in the context of financial planning (including taxation) exercise
- Completed version of the above for delegate notes
- Bankruptcy & alternatives summary
- Using trusts scenario
- Completed version of the above exercise
Week 8 – Recommended study
CII Mock examination 1 & Self-directed revision
- Intro to week 8
- Optional CII mock 1 (recommended)
Week 9 – Recommended study
CII Mock examination 2 & Self-directed revision
- Intro to week 9
- Optional CII mock 2 (recommended)
Course Modules
Week / Module 1
R03 part 1 review
- AF1 intro document
- Our guide to effective study
- Full access to R03 study materials from weeks 1 & 2 of the programme
- Exercises and supporting materials
Week / Module 2
R03 part 2 review
- Intro to week 2
- Full access to R03 study materials from weeks 3 & 4 of the programme
- Exercises and supporting materials
Week / Module 3
Income Taxation & National Insurance
- Intro to week 3
- Income taxation walkthroughs including relevant feedback
- Income taxation exam standard questions
- Completed versions of the above for debrief
- Three new NICs exam standard questions
- Completed versions of the above for debrief
Week / Module 4
Capital Gains Tax & Residence/Domicile
- Intro to week 4
- CGT walkthroughs including relevant feedback
- CGT exam standard questions
- Completed versions of the above for debrief
- Residence & domicile critical information handout – framed for AF1 questioning
- Residence & domicile scenario
- Completed version of the above exercise
Week / Module 5
Inheritance Tax
- Intro to week 5
- IHT walkthroughs including relevant feedback
- IHT exam standard questions
- Completed versions of the above for debrief
- In depth walkthrough of cumulation with examples
- POAT & GWR handout – framed for AF1 questioning
Week / Module 6
Wills, intestacy, powers of attorney and the taxation of Collective Investment Schemes
- Intro to week 6
- POAs & wills exercise
- Completed version of the above for delegate notes
- EIS/SEIS/VCT exercise
- Completed version of the above for delegate notes
- Investment bond calculation walkthrough
- Taxation of collective investment schemes summary– including property
- Investment taxation scenario
- Completed version of the above exercise
Week / Module 7
Trusts & Bankruptcy
- Intro to week 7
- Trusts overview – the basics (key J02 summary)
- Trustees powers and responsibilities (key J02 summary)
- Trusts in the context of financial planning (including taxation) exercise
- Completed version of the above for delegate notes
- Bankruptcy & alternatives summary
- Using trusts scenario
- Completed version of the above exercise
Week 8 – Recommended study
CII Mock examination 1 & Self-directed revision
- Intro to week 8
- Optional CII mock 1 (recommended)
Week 9 – Recommended study
CII Mock examination 2 & Self-directed revision
- Intro to week 9
- Optional CII mock 2 (recommended)
Program Details
- Revisit content at any time
- ‘Ask the instructor’ messaging system
- Tracks learning progress throughout
- 24-hour access to our learning platform
- Exam guidance
- Downloadable study guides
- 6 months access
