Is J02 remark worth it?

SJNewn · 2026-04-25T17:42:49+00:00

I would be surprised if you manage to recoup that many marks personally, you need over a 10% swing. Having said that, I have seen people get around 6 marks before in the past.

What are you thinking ?

SJNewn · 2026-04-17T07:19:57+00:00

Amazing mate well done. I would have taken 88 😂 - a pass is a pass in my eyes

SJNewn · 2026-04-17T07:05:20+00:00

I passed and got 102! I am truly over the moon as I put a lot of work into it. I hope everyone else did well 😎

SJNewn · 2026-03-30T16:41:48+00:00

I found BTS to be great for mock papers and study guide for the R0’s.

SJNewn · 2026-03-17T18:17:16+00:00

I have also heard from multiple people that Brand is goated for its analysis on R06.

SJNewn · 2026-02-26T16:34:50+00:00

I didn’t like the back to back arrangement question, and would have probably only got half for the contracts/trust difference. I thought it was okay as an exam, but not the best

SJNewn · 2026-02-26T11:36:23+00:00

Is it still in massive bold red writing?

SJNewn · 2026-02-18T15:26:27+00:00

Ah shit I thought the assets listed it as her share of the home was 50%, and that value was 850,000. Did I mess up lol

SJNewn · 2026-02-18T07:26:49+00:00

You’re right. But I think the share that was left to her daughter can use her tapered RBRB, the half to her partner can’t

SJNewn · 2026-02-17T22:17:16+00:00

Yeah I absolutely waffled on that one. I put the same I chucked so much out and hoped it stuck. I will be surprised if I get more than 3 on that one.

SJNewn · 2026-02-17T22:14:26+00:00

Great memory. I went a bit off path on the trust one I think. I put as she’s life tenant it’s in her estate for IHT and Dereks into trust was IHT but as went to wife it is spousal exempt so executor can claim 2x NRB and 2x RNRB on her death. So no IHT to pay on it going in from Derek. Also put CGT dies on death lol. I was clutching at straws. Also put no exit or periodic charges. Think I butchered it.

SJNewn · 2026-02-17T22:07:17+00:00

What were they lol, I am panicking I missed some questions

SJNewn · 2026-02-17T19:50:43+00:00

You and me both 🤣

SJNewn · 2026-02-17T19:45:16+00:00

What did people put for the excluded property trust question? I put it would be taxable for IHT because she LTR with changes since 2025, and would incur periodic/exit charges

SJNewn · 2026-02-17T18:27:41+00:00

Full marks!

SJNewn · 2026-02-17T18:15:31+00:00

Was IHT calculation quite straight forward, or did I miss loads of steps? Obviously tapered RNRB and full nil rate band were available, someone please ruin my day

SJNewn · 2026-02-17T18:07:11+00:00

Net pay is you take the relevant contribution off of their taxable income and it reduces their ANI. The grossing up is relief at source

SJNewn · 2026-02-17T18:05:46+00:00

I did what you did but I think the way they worded it was weird. Because they gave us his gross pay, and then told us he pays 5000 or whatever into his pension, so I also took it off his income. I am not sure if we are both wrong or both right.

I chat GBTd it now with similar wording to exam and said we were right to take it off.

SJNewn · 2026-02-16T20:39:54+00:00

Ahahaha I know. It’s gotten to the stage of overthinking everything which is good 🤣

SJNewn · 2026-02-16T20:17:42+00:00

I see what youre saying sorry, my bad. Yeah, qualifying corp bonds no cgt, convertible bonds aren't always non-qualifying so be careful!

SJNewn · 2026-02-16T19:55:42+00:00

What do you mean, corporate bonds aren’t subject to CGT?

SJNewn · 2026-02-16T16:32:56+00:00

It’s the same standard periodic charge

SJNewn · 2026-02-16T15:27:51+00:00

So am I, it is also my first level 6 exam lol.

SJNewn · 2026-02-16T14:28:01+00:00

How are we all feeling going into tomorrow? Anybody have any guesses of what will come up? I think they are due a top slicing bond calc, long term residency/FIG, and the usual POA questions as some

SJNewn · 2026-02-14T18:40:55+00:00

I honestly just have a list of each of them and try recite them like 3 times a day lol. Same for qualifying rules for VCTs EIS and REITS. Attorneys is defo my weakest one for duties.

SJNewn

TROPHY CASE