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Personal taxation

R03 (10 Diploma credits)

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

Important information on learning material editions

Study options and revision aids based on the 12/13 tax year and exam syllabus are applicable to exams taken until 31 August 2013. If you wish to sit the exam after this date, you will need to purchase the 13/14 edition, once available.

Maximise your chances of exam success

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Access a discounted package of learning, revision and exam entry (applicable to exams sat before 31 August 2013)

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Learning materials

Study options – printed book

Members
£60.00
Non-member
£78.00
Study text with updates - 12/13 edition

This is a self-study course applicable to exams sat from 1 Sep 2012-31 Aug 2013. It consists of a study text, with electronic updates which will automatically be made available for the examination period to which they relate (further details are included on the title page of the study text).

Additionally you will gain  access to an unrivalled suite of online services to support your studies  through our RevisionMate study tool. These will include a study planner, a  knowledge check (multiple choice test) facility covering each chapter, student  discussion forums, specimen exams with model answers and hints and tips on how to pass the exam. Full details will be provided with your study text.

Study text with updates - 12/13 edition

This is a self-study course applicable to exams sat from 1 Sep 2012-31 Aug 2013. It consists of a study text, with electronic updates which will automatically be made available for the examination period to which they relate (further details are included on the title page of the study text).

Additionally you will gain  access to an unrivalled suite of online services to support your studies  through our RevisionMate study tool. These will include a study planner, a  knowledge check (multiple choice test) facility covering each chapter, student  discussion forums, specimen exams with model answers and hints and tips on how to pass the exam. Full details will be provided with your study text.

Members
£60.00
Non-member
£78.00
Study text with updates - 13/14 edition ** dispatched w/c 8 July 2013 **

This is a self-study course applicable to exams sat from 1 Sep 2013-31 Aug 2014. It consists of a study text, with electronic updates which will automatically be made available for the examination period to which they relate (further details are included on the title page of the study text).

Additionally you will gain  access to an unrivalled suite of online services to support your studies  through our RevisionMate study tool. These will include a study planner, a  knowledge check (multiple choice test) facility covering each chapter, student  discussion forums, specimen exams with model answers and hints and tips on how to pass the exam. Full details will be provided with your study text.

Study text with updates - 13/14 edition ** dispatched w/c 8 July 2013 **

This is a self-study course applicable to exams sat from 1 Sep 2013-31 Aug 2014. It consists of a study text, with electronic updates which will automatically be made available for the examination period to which they relate (further details are included on the title page of the study text).

Additionally you will gain  access to an unrivalled suite of online services to support your studies  through our RevisionMate study tool. These will include a study planner, a  knowledge check (multiple choice test) facility covering each chapter, student  discussion forums, specimen exams with model answers and hints and tips on how to pass the exam. Full details will be provided with your study text.

Members
£30.00
Non-member
£38.00
Update your study text to the next edition

As the coursebook is a valuable reference tool in your day-to-day job, we offer an option to receive the next edition of the study text together with electronic updates. This option is renewable on an annual basis and you will be sent a letter inviting you to update your material.

Update your study text to the next edition

As the coursebook is a valuable reference tool in your day-to-day job, we offer an option to receive the next edition of the study text together with electronic updates. This option is renewable on an annual basis and you will be sent a letter inviting you to update your material.

Study options – ebook

Members
£60.00
Non-member
£78.00
ebook study text with updates - 12/13 edition (N.B. ebooks are not refundable once purchased)

This is a self-study course consisting of the ebook study text with electronic updates. Updates will be made available for the examination period to which the study text relates (further details are included on the title page of the study text). Developed to assist you in understanding and learning the exam syllabus, the text breaks down the syllabus into concise sections, with each chapter containing clearly defined learning outcomes and a series of self-test questions.

You will also have access to an unrivalled suite of online services to support your studies through our RevisionMate study tool. These will include a study planner, a knowledge check (multiple choice test) facility covering each chapter, definitions of key terms, specimen guide exam and hints and tips. Full details will be provided with your study text.

Ebooks
ebooks are compatible with most portable electronic devices including Android and Windows tablets/smart phones, Kindle and iPad/iPhone. They can also be viewed on desktop and laptop computers.

An ebook provides the benefits of the printed study text, with the same enrolment period, updates to content and access to RevisionMate. The cost (incl.VAT) is the same as the equivalent printed study text.

ebooks features:
• Annotation tools - these include the ability to add notes to pages and highlight key points
• Easy navigation - interactive contents page and search function help you pinpoint content
• Quick web link access - related articles and resources can be accessed with a single click
• In-built dictionary - definitions for unfamiliar words
• Read-aloud - available on the majority of devices allowing you to listen and learn.

Other benefits include:
• Portability - study on the move and when using a printed study text isn't practical
• Reduced paper use - paperless study reduces your impact on the environment
• No postage fee - ebooks are delivered electronically through RevisionMate
• Fast delivery - same-day delivery if ordered before 4pm (Monday to Friday).

Read more about ebooks including FAQs


Please note: if you are buying this option from outside the EU, you will be charged a fee without VAT. The price you will see throughout the web checkout process will be inclusive of VAT, however if you are outside the EU, your card will be charged the 'ex VAT' price and this will be reflected in the receipt you receive when payment is complete.

ebook study text with updates - 12/13 edition (N.B. ebooks are not refundable once purchased)

This is a self-study course consisting of the ebook study text with electronic updates. Updates will be made available for the examination period to which the study text relates (further details are included on the title page of the study text). Developed to assist you in understanding and learning the exam syllabus, the text breaks down the syllabus into concise sections, with each chapter containing clearly defined learning outcomes and a series of self-test questions.

You will also have access to an unrivalled suite of online services to support your studies through our RevisionMate study tool. These will include a study planner, a knowledge check (multiple choice test) facility covering each chapter, definitions of key terms, specimen guide exam and hints and tips. Full details will be provided with your study text.

Ebooks
ebooks are compatible with most portable electronic devices including Android and Windows tablets/smart phones, Kindle and iPad/iPhone. They can also be viewed on desktop and laptop computers.

An ebook provides the benefits of the printed study text, with the same enrolment period, updates to content and access to RevisionMate. The cost (incl.VAT) is the same as the equivalent printed study text.

ebooks features:
• Annotation tools - these include the ability to add notes to pages and highlight key points
• Easy navigation - interactive contents page and search function help you pinpoint content
• Quick web link access - related articles and resources can be accessed with a single click
• In-built dictionary - definitions for unfamiliar words
• Read-aloud - available on the majority of devices allowing you to listen and learn.

Other benefits include:
• Portability - study on the move and when using a printed study text isn't practical
• Reduced paper use - paperless study reduces your impact on the environment
• No postage fee - ebooks are delivered electronically through RevisionMate
• Fast delivery - same-day delivery if ordered before 4pm (Monday to Friday).

Read more about ebooks including FAQs


Please note: if you are buying this option from outside the EU, you will be charged a fee without VAT. The price you will see throughout the web checkout process will be inclusive of VAT, however if you are outside the EU, your card will be charged the 'ex VAT' price and this will be reflected in the receipt you receive when payment is complete.

Revision aids

Members
£40.00
Non-member
£43.00
Audio revision (MP3 download) - 12/13 edition

This MP3 audio material covers the key elements of each subject. They last between 3-5 hours depending on the subject and provide an ideal way to reinforce the learning from the study text.

Delivered online via RevisionMate, they are simple to download and are great for making use of time spent when travelling. Provided by Patterson Audio.

Note: Instructions on how to download your audio material will be sent to your registered email address within 2 working days of your order being placed.

Audio revision (MP3 download) - 12/13 edition

This MP3 audio material covers the key elements of each subject. They last between 3-5 hours depending on the subject and provide an ideal way to reinforce the learning from the study text.

Delivered online via RevisionMate, they are simple to download and are great for making use of time spent when travelling. Provided by Patterson Audio.

Note: Instructions on how to download your audio material will be sent to your registered email address within 2 working days of your order being placed.

Members
£12.00
Non-member
£13.00
R03 Examination Guide for exams from 1 September 2012 - 31 August 2013

Multiple choice question Examination guides consist of a specimen examination, answers and useful hints on how to prepare for the examination.

Multiple choice question Examination guides are updated annually to take into account syllabus and legislative changes.

Important note: The content of the latest Examination guide is included FREE within the RevisionMate online study tool, provided with a study text purchase for this unit. When separately purchased, Examination guides are supplied as PDF files for you to print off as and when required for your own use.

R03 Examination Guide for exams from 1 September 2012 - 31 August 2013

Multiple choice question Examination guides consist of a specimen examination, answers and useful hints on how to prepare for the examination.

Multiple choice question Examination guides are updated annually to take into account syllabus and legislative changes.

Important note: The content of the latest Examination guide is included FREE within the RevisionMate online study tool, provided with a study text purchase for this unit. When separately purchased, Examination guides are supplied as PDF files for you to print off as and when required for your own use.

Members
£25.00
Non-member
£27.00
Key fact booklet – 12/13 edition

Comprehensive pocket-sized booklets  summarising the key information contained in the coursebook. These are perfect  for studying when travelling to and from work or in situations when reading a  coursebook is impractical.

Key fact booklet – 12/13 edition

Comprehensive pocket-sized booklets  summarising the key information contained in the coursebook. These are perfect  for studying when travelling to and from work or in situations when reading a  coursebook is impractical.

Members
£55.00
Non-member
£60.00
LEARN interactive tutorial - 12/13 edition

Online tutorial providing highly interactive study, backed by an assessment tool to check understanding as you progress with your studies.

Try the course demo here »

Please note that this revision aid is designed to complement, not replace, the primary study text. It provides visually engaging and therefore memorable learning, but it covers only key and difficult topics, not the entire syllabus.

Notes:

  • Minimum operating requirements: Windows 2000, XP or Vista; Internet Explorer 6 or 7. Macs are not compatible with this product.

LEARN interactive tutorial - 12/13 edition

Online tutorial providing highly interactive study, backed by an assessment tool to check understanding as you progress with your studies.

Try the course demo here »

Please note that this revision aid is designed to complement, not replace, the primary study text. It provides visually engaging and therefore memorable learning, but it covers only key and difficult topics, not the entire syllabus.

Notes:

  • Minimum operating requirements: Windows 2000, XP or Vista; Internet Explorer 6 or 7. Macs are not compatible with this product.
Members
£25.00
Non-member
£27.00
Question pack - 12/13 edition

Instructions on how to access the online question pack will be sent to your registered email address within two working days of your order being placed.

This edition is based on the 2012/13 tax year and exam syllabus which is examined from 01 September 2012 to 31 August 2013. Please note, access to the questions will not be granted after this period.

Each online pack contains 300 questions providing comprehensive self-testing of the unit syllabus, which also helps to develop exam technique.

The questions, which are written to CII test specifications, are delivered online through RevisionMate providing flexible and interactive test delivery.

Please note, questions are designed to test knowledge of the unit syllabus in preparation for the exam but are not a product of the same development process as the actual CII examination question bank.

Find out more »

Question pack - 12/13 edition

Instructions on how to access the online question pack will be sent to your registered email address within two working days of your order being placed.

This edition is based on the 2012/13 tax year and exam syllabus which is examined from 01 September 2012 to 31 August 2013. Please note, access to the questions will not be granted after this period.

Each online pack contains 300 questions providing comprehensive self-testing of the unit syllabus, which also helps to develop exam technique.

The questions, which are written to CII test specifications, are delivered online through RevisionMate providing flexible and interactive test delivery.

Please note, questions are designed to test knowledge of the unit syllabus in preparation for the exam but are not a product of the same development process as the actual CII examination question bank.

Find out more »

Revision courses

Members
£240.00
Non-member
£280.00
Revision day
 
 
Members
£395.00
Non-member
£460.00
Revision workshop (two days)
 
 

Exam entry

Members
£68.00
Non-member
£88.00
Unit R03 exam
 

Introduction

CII qualifications require completion of one or more units, each covering a specific topic that is individually assessed. Assessment methods vary depending on the level and subject matter of a unit, and include:

  • Multiple choice examinations - the assessment method for Certificate, Award and financial services 'R0' Diploma units assessed in the UK.  Exams are delivered on-screen at a network of over 80 public centres across the UK. Sittings are available year-round, often on a weekly basis.
  • Written examinations - the assessment method for Diploma and Advanced Diploma units, excluding financial services 'R0' Diploma units, and also all units examined outside the UK. Sittings are typically available twice yearly in April and October at over 50 public centres throughout the UK and over 100 public centres outside the UK.

What you need to know

It is essential that candidates familiarise themselves with our service, in particular the rules and procedures that are in place. This should include both exam policies (before the assessment) and notes to results (after the assessment).

Diploma in Financial Planning units

Exam guide update

The R03 Examination Guide for exams from 1 September 2012 to 31 August 2013 was first published in June 2012. Any questions which have been amended since the examination guide was first published will appear below.

Pdf icon small Questions 2, 13, 15, 20, 25, 26 & 41 amended 27.9.2012

Pdf icon small Question 30 amended 01.11.12

Pdf icon small Question 37 amended 18.12.12

Learning solutions update

These updates are Learning Solutions updates for study purposes.

2012-13 edition

Pdf icon small R03 2012 edition changes

Updates to the 2012-13 edition of the R03 study text:

Pdf icon small R03_2012-13_web_update_1_21-09-2012.pdf

Pdf icon small R03_2012-13_web_update_2_21-11-2012.pdf

View the latest information on:

Pdf icon small December 2012 Autumn Statement

Pdf icon small Tax_tables_12-13

Pdf icon small Study text current editions

 

 

Qualification update

Testing Position

  • Examinations are based on the published syllabus. Syllabuses are available free of charge on the CII website www.cii.co.uk or on request.
  • Candidates will be examined on the basis of law and practice in England unless otherwise stated. It should be assumed that all individuals are domiciled, resident and ordinarily resident in the UK unless otherwise stated.
  • The R03 examination consists of 50 multiple choice questions (MCQs): 35 standard format and 15 multiple response format. 1 hour is allowed for this examination.
  • The general rule is that the new tax year and changes arising from the Finance Act will be examined from 1 September each year. Other changes, not related to the Finance Act, will not be examined earlier than 3 months after they come into effect.
  • Candidates must keep up to date with legislative and industry changes that occur.

Tax year

  • The tax year 2012/2013 will be examined from 1 September 2012 until 31 August 2013.

Stamp Duty Land Tax

The zero rate of Stamp Duty Land Tax applying to first time buyers of properties between £125,000 and £250,000 will cease on 24 March 2012. Examinations will be reflective of this change from 25 March 2012.

 

Assessment information

It is important that candidates entering for a CII assessment familiarise themselves with our service, in particular the rules and procedures that are in place.