Hmm in class really need to listen n take notes cos his slides r super bare

Hmm try to score for mid terms cos that one is only 2 qns (1 individual tax, 1 company tax)
n e format is always quite similar to previous years so can mug!
finals will be the individual n company questions again for section A
then Section B will be 4 qns choose 2 or 3 to do
i can't really rmb
usually 1 of them will be a gst qns
question*
bleh his slides n really not enough
u shld read the tb
hmmm... he didn't test anything out of scope i think?
but mostly JUST PRACTISE
HAHAH

hmm i didn't go to the iras website at all la

HAHA didn't even read the income tax act :joy::joy:
i think just his slides n tb r sufficient
ohh n ur cheat sheet must be really good!!
u can bring in 1 A4 double sided cheat sheet into both the mid terms n finals
hahah oh n i'm doing audit, consumer behaviour, adv tax, fiim n ethics next sem!
you? :)

hahaha i can't really rmb but i don't think there's much to practise in the workbook :joy::joy:
i mostly just kept doing the past year papers
i have A LOT of past mid term papers in the folder i sent u! :)
n yup past senior's reports :wink:

Basic tax law = ITA

Exams can bring ITA nad GST act. But actually dont need ITA, GST will be enough.
1 sheet. Double sized can

Tax a lot of rules

Main thing is dont mix up income and expenses

Income is taxability and expenses is deductabiliyy
Deductibility
So when the rule talks abt deductions, dont mix up with taxability
Alot of people mix up then do wrongly

Good thing abt tax is IRAS website damn helpful

And sum has no slides btw.
U need to be good audio learner

Do ur own notes
And cheatsheet
Use ur cheatsheet as a learning guide
If u copy cheatsheet from others (which I tried), even more confusing
If u do ur cheatsheet while studying, much easier

Iras website ftw

Income tax computation damn impt
The flow

90% bah
Ya the format
Must put in cheatsheet
Incase u forget

The remaining 10% is those tricky question to ask prof

I think prof sum will highlight what is impt bah im not sure
Prof khoo highlighted a few
Like he will say "this one I need to teach but usually wont come out"

Sum i HEARD his marking is

If ur final ans wrong
He wont even bother marking for workings
But thats what I heard, maybe u can confirm for me HAHAHA
Tax is possible to score, but u must be very careful when doing the papers can they can trick
u very easily

My prof uploaded question papers

Do the practice papers
Sum will have also
Damn impt to do it

Oh that
That one is final exam de
Basically exam is Section A and Section B and Section C
Section C is 3 question choose 2
NOR is under the 3 choices
Not sure its the same for this coming semester