Finance

R03 Personal Taxation

Level: 4
Qualification: CII R03 Personal Taxation
Course Length: 3 Months

The R03 Personal taxation unit is the third unit required on your journey to achieving the CertPFS (Certificate in Paraplanning) or DipPFS (Diploma in Regulated Financial Planning).

The objective of this unit is to develop knowledge and understanding of the UK taxation system, and the ability to analyse the taxation treatment of individuals and trust during the investment advice process.

 

The R03 personal taxation unit covers the:

  • UK tax system as relevant to the needs and circumstances of individuals and trusts
  • Taxation of investments as relevant to the needs and circumstances of individuals and trusts
  • Role and relevance of tax in the financial affairs of individuals and trusts
  • Knowledge of personal taxation to the provision of investment advice.

 

This study support package includes as standard:

  • CII books and exams
  • CII revision mate
  • Revision notes
  • Mock exam questions
  • Calculation workbook
  • Online support from subject experts
  • Online revision sessions

 

The R03 unit provides a detailed overview of the key UK tax structures, types and affects on investments.

Qualification Contents Level Credits
R03 Personal taxation
  • Basic structure of the UK tax system
  • Main taxes on income and capital that may be charged on individuals and trusts, the self assessment system and how tax liabilities are computed;
  • Taxation of investments as relevant to the needs and circumstances of individuals and trusts.
4 10

 

This content is covered over 4 chapters / topics:

  • UK tax system as relevant to the needs and circumstances of individuals and trusts
  • Taxation of investments as relevant to the needs and circumstances of individuals and trusts
  • Role and relevance of tax in the financial affairs of individuals and trusts
  • Knowledge of personal taxation to the provision of investment advice.

Our R03 personal taxation support package is delivered online via our virtual learning environment. Each chapter of the book is accompanied by study notes, mock exam questions, and workbooks designed to test and embed your knowledge. At regular intervals throughout the course you should attend 1 online revision sessions to help cover more technical content.

Throughout the course you will have access to a subject expert to answer any questions you may have along the way. Before sitting any exams a full mock exam is provided which you can retake as many time as required before sitting the real thing.

It is possible to complete the R03 unit within 3 months, allowing 4-6 hours of independent study per week. All courses are flexible to allow you to complete at a pace that is appropriate to you. It is not our recommendation to study for two exams simultaneously.

Please note that CII materials and exams are updated each September, and you may be required to purchase the study update packs for exams you are currently studying for. Your subject expert will advise you of this should it apply.

You must be a paid member of the CII to purchase this course, as we will require your PIN number as part of the enrolment process. If you are not a member you can join here: http://www.cii.co.uk/membership/join/

There are no formal entry requirements for this study package, but you will require adept and developed literacy and numeracy skills.

Working within a financial services environment is desirable and advantageous, although not essential.

For an informal discussion about this course, please use the enquiry form below:

Thank you for your enquiry, we will endevour to get back to you as soon as we can.
0
Learners are currently enrolled with Skills Edge
0
Learners trained with Skills Edge
0
of learners would recommend Skills Edge