Neil Da Costa's Tax Exam Podcast

VAT is normally examined for about 10 marks yet is neglected by students preparing for their tax exams. This podcast will give you an overview on what VAT is. 

Single company losses feature in every tax exam and is a relatively easy area to master . Listen to this podcast to ensure you get this right in the exam 

Every tax exam will have a couple of marks on national insurance thrown in. These are relatively straightforward as there is not a lot to learn on this topic. This short podcast literally covers everything you need to know on social security tax in the UK 

Inheritance tax is usually the tax on which students perform the worst in the exam as it is a niche area that most tax students have not encountered. In this podcast, I have explained both lifetime gifts and the death estate in a simple way that will enable you to grasp this important tax. 

When looking at income tax it is important to understand how to use losses. Apart from continuing sole traders there is also special loss relief available in opening and closing years. 

This podcast summarises the essential corp tax knowledge you need to compute the corporation tax for a single company bringing in interest receivable, rental profits and chargeable gains . 

One of the fundamental aspects to understand in tax is adjustment of profits . In any of the starting tax papers you will have to adjust accounting profits to give you taxable profits . This episode explains the methodology behind this important area 

In this podcast , I explain all the different tax implications of contributing into both occupational and personal pensions . This is a method for individuals to reduce their tax liabilities and very popular in the tax exams. 

Partnerships are unincorporated businesses so the normal sole trader rules apply. In most of the tax teaching courses , we do not have time to cover partnerships and this is allocated as a self study area so this podcast will help reinforce your understanding of this popular topic. 

Many tax students get confused about the VAT implications of land and buildings . In this episode , I explain the tax implications in a simple way and in particular help you understand the option to tax.