ExtraTax Training

03/05/2025

Are you sitting the APS Taxation of Larger Companies and Groups exam on Thursday? If so, you’ll have spent time looking at the pre-seen information and likely trying to predict what the case study might involve.

While you might guess correctly, don't get too caught up creating scenarios in your head. You could be thrown off course if the actual exam question is nothing like you imagined.

Take a step back and asking yourself: what does my client want?

What is the key commercial driver behind their decision-making? Here, your client is Corline plc - a listed UK group with revenues of over £4 billion and 35,000 employees worldwide.

What do they want? ⬆️ more certainty, ⬇️ less risk
Why? Listed companies answer to the markets and their diverse shareholders. When it comes to tax, they prize certainty - “no surprises” - and aim to minimise risk in their tax structures.

Bear this in mind as you’re reading through the case study and preparing your answer. What might this look like?

⚠️ Preferring the less risky option
Say Option A has a 40% chance of creating a saving of £20m, but a 60% chance of resulting in a loss of £10m. While Option B has a 75% chance of creating a saving of £8m and a 25% chance of a loss of £5m. A plc is likely to go for Option B
👉 Though the potential upside of B is lower, it offers better protection against downside risk.

When you’re in the APS exam - whether TOLCG or another paper - remember to ask yourself: who is my client, what do they want and why? This will help you stay focused with your advice and recommendations.

For anyone sitting the TOLCG paper, we’ve created a visual summary of the pre-seen information to help you get to know your client. You can download a PDF from the ExtraTax Training website - https://extrataxtraining.com/aps-pre-seen-tolc-m25

Good luck to everyone sitting exams next week 🤞🤞

Get a visual summary of the pre-seen information for the APS Taxation of Larger Companies and Groups for May 2025 exam

18/04/2025

Take advantage of our early bird discount for your online ADIT courses for the December 2025 exams.

You'll learn in a small group, building your knowledge week by week with the guidance of an expert tutor. Join our classes for:
🌏 Principles of International Taxation
🌍 UK Tax
🌎 Transfer Pricing
🌎 EU VAT

Our highly-rated ADIT training packages include:
▪ Online tuition classes to fit around your busy working week
▪ Study materials to develop your expertise
▪ Weekly assignments to build your confidence
▪ Revision sessions and mock exams to improve your exam performance
▪ Full support from our friendly team to guide you to success

Sign up today at https://extrataxtraining.com/adit-courses

20/02/2025

Congratulations to everyone who has successfully passed an ADIT exam or achieved the ADIT qualification!

This is a significant milestone in your career, and you should be so proud of yourself. We love seeing the celebratory posts from tax professionals across the globe.

If you need any help with the next step on your ADIT journey, please get in touch. We are happy to answer your questions and offer our support.

Congratulations on your success 🚀 and enjoy your celebrations 🎉

31/01/2025

With February almost upon us, it's time to get ready for the next semester of ADIT International Tax courses.

Online ADIT classes in small groups for the June 2025 exams start during the last week in February:

🔸 Principles of International Taxation - Monday 24 February at 4pm with Jimmy Ryan

🔸 Transfer Pricing - Tuesday 25 February at 4pm with Jimmy Ryan

🔸 Banking - Wednesday 26 February at 4pm with Jimmy Ryan

🔸 US Tax - Wednesday 26 February at 4pm with Stephen Casey

🔸 Irish Tax - Thursday 27 February at 4pm with Jimmy Ryan

🔸 UK Tax - Thursday 27 February at 4pm with Catriona Loughran, supported by Alyson Sutcliffe

Places are filling up fast, especially for Principles of International Tax and US Tax. Book your spot today at https://extrataxtraining.com/adit-courses

20/01/2025

Are you planning to start the Advanced Diploma in International Tax qualification in 2025? We’ve written an article to help you on your way.

We discuss the key points for you to consider at this stage:

📅 Meeting the CIOT deadlines to register as an ADIT student and enter for your first exam

❔ What to choose as your first ADIT paper? Should you start with the core Principles of International Tax paper or choose one of the optional modules?

✍🏻 How many ADIT modules should you study at once?

📚 Sourcing the Permitted Texts to take into the exam with you

🚀 Your study options for the ADIT papers

Read the article at https://extrataxtraining.com/blog/starting-adit-studies-2025

How to get started with studying for the ADIT International Tax qualification in 2025. Registration deadlines, choosing modules, permitted books

08/01/2025

Is 2025 your year to start the Advanced Diploma in International Taxation qualification? Read our top tips for starting your ADIT journey.

3. Study
Now that you've researched the ADIT qualification and planned for your chosen module, it's time to consider your study approach. Though you likely have experience studying for exams and know what works best for you, your circumstances may have changed since you were last a student - with increased responsibilities at work and home. How will you balance your studies with these commitments?

A self-study program might suit you best, offering the flexibility to learn at your own pace. If you choose this path, create a structured plan that allocates enough time for each topic, plus 4 to 6 weeks for revision.

Or perhaps you thrive in a classroom setting, benefiting from an experienced tutor's guidance and peer support? At ExtraTax Training, we've designed online ADIT courses to deliver a virtual classroom experience that accommodates your work and home life. While we encourage participation in our live, small-group classes to interact with your tutor and fellow candidates, we understand this isn't always possible. That's why all sessions are recorded for you to watch or review at your convenience. Our dedicated ExtraTax team will support you throughout your journey.

Check out our taught courses and self-study options at https://extrataxtraining.com/adit-courses

Remember, the journey of a thousand miles begins with a single step. Here's to a successful 2025!

Online classes for ADIT Principles of International Tax, Transfer Pricing, EU VAT, Banking and UK, US & Irish Tax - Study materials, mock exams & more

07/01/2025

Is your challenge for 2025 sitting your first ADIT paper? To help you, we're sharing our top tips for starting your ADIT journey.

2. Plan
Set realistic targets for passing your first ADIT exam. The June exam is 22 weeks away - while that may seem far off, now is the time to start preparing. Can you commit 5 to 7 hours per week to studying? If you can only manage a couple of hours weekly, you might want to aim for the December exam instead.

If you want to sit your first exam in June, you have two essential deadlines to meet:

(1) Register with the CIOT as an ADIT student by Monday 3 March - though earlier is better. Remember, you only need an email address to register!

(2) Once your student registration is processed, you can register for your June exam paper. The deadline for exam entry is Friday 17 March. Late entry is available until Friday 31 March, but incurs a £103 late fee.

Familiarise yourself with your chosen module's syllabus. Each module allows you to take specific texts into the exam room with you. Having these books when you begin studying will help you learn to use them effectively and avoid any last-minute panic to buy them.

Remember, the journey of a thousand miles begins with a single step. Here's to a successful 2025!

06/01/2025

Happy New Year! As we step into 2025, you may be thinking about sitting your first ADIT paper. Embarking on a new qualification can seem daunting, but with the right strategy, it can be a rewarding journey.

To help you, we’re sharing our top tips for starting your ADIT journey.

1. Research
Spend a week or two researching the ADIT qualification, finding out what’s involved in studying for it and working out if it’s right for you. As well as reading the prospectus, syllabus and other information available on the CIOT website, talk to ADIT graduates and current ADIT candidates, If you don’t know anyone, get in touch with the ExtraTax team, we’re always happy to help.

You don’t need any prior qualifications to start studying for ADIT. All you’ll need to begin your journey is an email address and your student registration fee, which is £293 for 2025. Once you’re ready, head over to the ADIT website and register as a student.

Think about which paper you would like to start with, and when you would like to sit it. There is no set order in which you need to take the exams. Candidates often start with the core module, Principles of International Taxation, as it gives you an excellent understanding of the international tax system and provides a great foundation for the optional modules.

All modules are examined in June each year, with the most popular modules also available in the December exam sitting. If the optional modules you are interested in are only examined in June, for instance, US Tax, Banking or Irish Tax, consider starting with one of them and leaving Principles of International Tax until the December sitting.

Remember, the journey of a thousand miles begins with a single step. Here's to a successful 2025!

19/12/2024

“The structure of ExtraTax Training’s online courses is fantastic!”

Our courses are designed to help you balance work and study with your other commitments, so it’s fantastic when customer feedback tells us we’re getting it right.

But actions speak louder than words - this Tax Manager chose us for all three of his ADIT modules, achieving first-time passes in Principles of International Tax, Transfer Pricing and Irish Tax to become ADIT qualified in under two years. It’s brilliant to hear that our courses left him fully prepared for the exams, making his nerves and anxiety disappear.

If you are starting or continuing your ADIT journey, we're here to guide you. Our weekly tuition classes kick off in late February, methodically preparing you for the June 2025 ADIT exams. Take advantage of our early bird booking offer at https://extrataxtraining.com/adit-courses.

18/12/2024

Early bird discount now available on online ADIT courses for the June 2025 exams.

You'll learn in a small group, building your knowledge week by week with the guidance of an expert tutor. Join our comprehensive courses for:

🌏 Principles of International Taxation (Module 1)

🌍 Irish Tax (Module 2.06)

🌍 UK Tax (Module 2.09)

🌎 US Tax (Module 2.10)

🌎 Transfer Pricing (Module 3.03)

🌎 Banking (Module 3.05)

Our highly-rated ADIT training packages include:

▪ Online tuition classes to fit around your busy working week

▪ Study materials to develop your expertise

▪ Weekly assignments to build your confidence

▪ Revision sessions and mock exams to improve your exam performance

▪ Full support from our friendly team to guide you to success

Sign up today at

https://extrataxtraining.com/adit-courses

27/09/2024

The Cross-Border Tax Conference 2024 is coming soon!

Join us for an exciting day of learning and networking, focusing on 'Cross-Border M&A'. Discover key insights on UK and Irish tax issues in transactions, including preparing for a sale or private equity investment.

🗓️ Date: Thursday 17 October 2024

🕘 Time: 9:00 AM - 4:30 PM

📍 Location: Edenmore House, Moira

🎟️ Early Bird Special: £196 + VAT (ends 30 September)

Don't miss this opportunity to enhance your cross-border tax knowledge! Register now at https://extrataxtraining.com/cross-border-tax-conference-2024

19/09/2024

Cross-Border Tax Conference 2024: UK and Irish Tax Issues on Mergers & Acquisitions

Join us in Edenmore House, Moira on 17 October for our annual Cross-Border Tax Conference.

This year's theme is 'Cross-Border Mergers and Acquisitions'. Our expert speakers will look at UK and Irish tax issues commonly arising in transactions, including dealing with private equity structures.

You will have the opportunity to discuss current topics with tax professionals from practice and industry on both sides of the border.

Book today to benefit from early bird ticket pricing of £196 + VAT. To find out more and register, please visit https://extrataxtraining.com/cross-border-tax-conference-2024