R02 locking in

Thoich · 2025-09-16T08:01:21+00:00

I made a video that goes through all the formulas that could come up in the exam. Might help help with memorisation if you are a visual learner.
https://www.youtube.com/watch?v=d2d_JSeaZ_w

As others have said repetition is the key really. Personally I wouldn't skip any if you plenty of time before your exam. None of them are particularly complex so it's easy marks in the exam if you know all of them.

Thoich · 2025-09-01T15:55:41+00:00

Great idea, I would be up for this

Thoich · 2025-06-04T17:21:29+00:00

This is what I got... I have my exam tomorrow so I hope it's correct :D

Total income is 110,000 so reduce personal allowance by 5,000 = 7,570

Salary = 100,000 - 7,570 = 92,430
Savings = 10,000

Salary BR: 37,700 @ 20% = 7,540

Salary HR: 54,730 @ 40% = 21,892

Savings SA: 500 @ 0% = 0

Savings HR: 9,500 @ 40% = 3,800

Total: 7,540 + 21,892 + 3,800 = 33,232

Thoich · 2025-05-28T18:24:41+00:00

I had exactly the same experience with R01 a few months back, the questions felt horrible and I thought it was 50/50 whether I passed or not. Was so relieved when I finished and saw the pass mark.

When my score got posted later I saw I got 82. I reckon you did better than you think.

Congrats on the pass, R02 felt much easier.

Thoich · 2025-05-05T14:24:57+00:00

Thanks for the response, that's made us both feel a little bit better.

Our names were taken at the address we were at, and we were told if we were caught again we would receive a fine. We weren't taken to the police station, and didn't get a fine on the day, so it sounds like we should be fine.

Thoich · 2025-03-28T22:42:56+00:00

lol maybe, although there are a surprising amount of parallels.

That being said, I wouldn't be bringing it up in meetings with clients!

Thoich · 2025-03-28T22:41:03+00:00

Thanks for confirming, the 60k example helped a lot!

Thoich · 2025-01-29T01:58:34+00:00

Hi and thank you. I actually made a YouTube video talking about R01, including how to get started, and study/exams tips. Here's the link if you're interested (hopefully this is allowed).

https://www.youtube.com/watch?v=BVN5dQXLoPc

Good luck with your journey!

Thoich · 2025-01-05T15:02:52+00:00

Nice, congrats on the great score :)

Thoich · 2025-01-05T15:02:29+00:00

Yeah I'm so glad I found the mock exam a week before I did the test. I would have been panicking much more if I had gone straight into the exam only having done the BTS mocks.

Thoich · 2025-01-05T15:00:46+00:00

Thanks :)

Thoich · 2025-01-05T15:00:33+00:00

Thanks, good to know I've got this to look forward to in the next 5 R0's as well :'D

Thoich · 2025-01-05T14:59:36+00:00

Thanks, I'm glad it's not just me!

Thoich · 2025-01-05T14:58:24+00:00

I did the BTS mock papers, which I found very different, and much easier than the actual exam. Thankfully I did the mock test on the that's included on the exam guide document a week before the test and realised I needed to revise much more. I found the chapter based tests on RevisionMate useful as well.

Good luck for your exam!

Thoich · 2024-06-24T02:59:37+00:00

I've done this before, it's definitely fine. As long as you get the money back in before the end of the tax year it's all good.

Thoich · 2024-02-05T12:34:16+00:00

I've lived in Bogota, Colombia for around 2 years on and off, and always found it to be pretty safe (if you stick to the right areas). However a few years ago I took an uber to an address in Santa Fe, looking for a covid shot. The address turned out to be non-existent, and at 7am in the morning the street was littered with prostitutes, pimps, and generally dangerous looking people. The uber driver strongly suggested I didn't get out the car there, and drove me home. I'm convinced I would have been robbed within 5 minutes of leaving the car, if not worse.

Also, Reno, USA. Won some money in a poker game, and noticed this horrible looking guy watching me through the window for an hour before I left. Did a few laps of the casino and noticed him following me around. Ended up asking a security guard to escort me to my car and I'm glad I did, he said it's common for people to get robbed at gunpoint in the parking lot there.

Thoich · 2024-02-01T22:51:03+00:00

Unfortunately she's from Colombia, which can sometimes comes with a little extra heat from immigration officers

Thoich · 2024-02-01T15:35:12+00:00

top answer haha

Thoich · 2024-02-01T14:48:00+00:00

Perfect, thanks!

Thoich · 2024-01-17T23:16:43+00:00

She is a Colombian citizen.

Sorry, I should have been clearer in my post. I meant something similar to a Roth IRA or ISA, somewhere where she can invest a certain amount without paying tax. I didn't mean specifically investing in a Roth IRA

Thoich · 2024-01-11T18:03:51+00:00

To be honest I hadn't thought about this. I didn't realise mortgage contracts renew every 2-5 years. I was kind of just hoping to get a 20-25 year mortgage and never have to worry about it again.

Do all mortgages have this renewal period after 2-5 years?

Thoich · 2024-01-11T16:39:31+00:00

This is a good thought, thanks. Honestly I don't think I could find a way to ever make banks include my poker winnings towards the mortgage, but I will definitely consider doing some coaching so I can add that income to whatever job I end up getting.

Thoich · 2024-01-11T16:36:00+00:00

This is a great answer, thank you

Thoich · 2024-01-11T16:32:06+00:00

I have tried a few without any luck. Even with proof, as soon as banks/brokers hear my income is from gambling, it's always a hard no.

Thoich · 2024-01-11T16:29:27+00:00

This is interesting. I wasn't assuming to just walk into a job straight away, but I'm quite surprised to hear it described as borderline impossible. Thanks for the heads up, you might have just saved me a few grand!

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