ACCA ATX UK Technical articles. Updated for latest FA Act

To provide our readers with the most up-to-date and accurate information, ACCA has compiled a list of ATX UK technical articles. These articles delve into ATX UK taxation's different aspects and offer taxpayers tips and advice. We hope that you find this information helpful and informative. 

Relevant to those sitting ATX-UK in June, September or December 2024 or March 2025

Finance Act 2023

This article summarises the changes made by the UK Finance Act 2021. 

Corporation tax 

Relevant to those sitting ATX-UK in June, September or December 2023 or March 2024

This article examines the taxing decisions a company must make throughout its evolution, from the initial commencement of trading to international investment. It considers how these choices will impact shareholders as well as outlining applicable tax regulations associated with each stage in business growth., providing invaluable guidance for any entrepreneur at varying stages of their enterprise's development.

Corporation tax – groups and chargeable gains 

Relevant to those sitting ATX-UK in June, September or December 2023 or March 2024

This article offers a concise overview of the regulations surrounding group relief and capital gains groups before exploring several potential examination questions involving such rules. It assumes familiarity with the relevant concepts, offering an ideal companion for those studying them.

Corporation tax – group relief 

Relevant to those sitting ATX-UK in June, September or December 2023 or March 2024

This article begins by briefly summarising the rules relating to both group relief groups and capital gains groups. It then considers several group relief tax planning issues that could be introduced in an exam question. It does not include comprehensive explanations of the rules but assumes good knowledge.

Inheritance tax and capital gains tax

Relevant to those sitting ATX-UK in June, September or December 2023 or March 2024

This article examines the complex relationships between capital gains and inheritance taxes, providing real-life illustrations to demonstrate how advisers must consider both when aiding their clients. It offers valuable guidance on navigating these issues accurately and precisely in an exam setting.

International aspects of personal taxation

Relevant to those sitting ATX-UK in June, September or December 2023 or March 2024

To ensure individuals understand their liability to UK taxes when entering or exiting the country, this article comprehensively reviews pertinent tax areas and outlines essential questions for consideration. Additionally, it illuminates how double taxation agreements can influence these decisions.

Taxation of the unincorporated business

The new business

Relevant to those sitting ATX-UK in June, September or December 2023 or March 2024

In launching a new business, there are many complex factors to consider. From selecting the most efficient business vehicle and navigating initial trading operations to understanding the taxation requirements of an unincorporated entity - these issues must be considered carefully.

The existing business

Relevant to those sitting ATX-UK in June, September or December 2023 or March 2024

This article elucidates the complex exchange between profits, changing accounting dates and winding down a business. The intricate manoeuvres behind these transactions are explored in detail, illuminating insights into this critical process.

Trusts and tax

Relevant to those sitting ATX-UK in June, September or December 2023 or March 2024

With the UK tax system being notoriously complex, this article seeks to clarify one of its core areas: taxation and asset transfers related to trusts. Here we explore existing rules while also noting those topics that may not require specific familiarity with applicable regulations.

Exam technique

Making the best use of the tax tables in your ATX-UK exam

The ATX-UK exam is more difficult because it includes questions based on tax tables. It's essential, then, when taking this test to become familiar with what is called "tax table information" - commonly found in CBE software and able to use during your answers! 

Stepping up from TX-UK to ATX-UK

Passing the ATX-UK exam

 ACCA ATX Exam dates

We hope that you have found this information on ATX UK taxation helpful and informative. 

If you want more detailed information, we suggest you take a training course or purchase one of the many ATX UK textbooks available. These resources will help you passed the exams with flying colours.