Back at the start of lockdown, Nit and I met for the first time, and sat down to record our first podcast episode together.
The ATT and CTA exams were going to be open book for the first time, and so I asked Nit to share his expert advice on how to properly prepare for these exams.
And now we find ourselves full circle – back to the starting point. The CTA exams are back to closed book, from the May 2023 sittings onwards.
Many students think that the exams will therefore be more difficult. And – whether that’s true or not – many students are understandably worried.
Whilst the exams are daunting, with the right approach and preparation, they are more than passable.
This episode is here to help, covering both mine and Nit’s advice on how to prepare so that you can maximise your chances of passing (see You’ll Learn for more details).
Listen to hear all of the advice.
An important element of passing the May 2023 CTA exams is memorisation, and given the volume of information, that is tough. You’ll hear Nitin talk about consolidation a few times throughout the episode, along with reference to tax flashcards or tax squares, to help memorise for this exam.
For samples of flashcards/tax squares, send one of us an email, at either jack@thetaxprofessionalspodcast.com or cta@bpp.com
To supplement this episode and further help you pass the exams, download the Study Phase Checklist that I’ve created for you. Download this by heading on over to thetaxprofessionalspodcast.com/studychecklist
Guest – Nitin Rabheru
Website: https://www.linkedin.com/in/nitin-rabheru-31299b11/
Email: cta@bpp.com
You’ll Learn
- How the exams will be different in May 2023
- (6:00) When you should start studying
- (11:00) The distinction between the study phase and the revision phase
- (13:00) How I approached studying for the closed book exams to achieve 1st time passes each time
- (20:15) Nit’s advice to help with memorisation for this exam
- (23:00) Nit’s rant for why people fail these exams in his experience
- (24:30) Advice if you are studying via distance learning
- (28:00) Advice re sitting numerous exams in a sitting
- (33:45) Nitin’s important advice for the study phase
- (37:15) The cut off point for moving from study phase into the revision phase
- (39.30) Whether/how to use the legislation for May 2023 exams (further details here: https://www.tax.org.uk/taxlegislation2023)
- (44:00) Final tips
Resources (Including Related Episodes)
Tax flashcards/squares – email Jack (jack@thetaxprofessionalspodcast.com) or Nitin (cta@bpp.com) for samples.
Study Phase Checklist – download here: thetaxprofessionalspodcast.com/studychecklist
Other exam-support related podcast episodes: https://www.thetaxprofessionalspodcast.com/category/podcast/att-cta/
Online Tax Legislation for 2023 CTA Exams: https://www.tax.org.uk/taxlegislation2023
Benchmark Your Salary or Discuss Available Roles
with James at The Tax Recruitment Company.
Find out what you’re worth and if you’re paid the right amount.
Mobile: 07768 252 252
Email: j.howell@taxrecruitmentcompany.co.uk
Book a Zoom meeting: thetaxprofessionalspodcast.com/salarychat
P.S Corporation Tax roles are in large supply, and James is currently recruiting for many of these