advanced-taxation-2015-august-2025
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DATE 06 Dec 2025
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notes
About This Document
Document Type: This is a Study Notes, designed for Reviewing core curriculum material.
Context: Standard material from the 2015 academic period.
Key Content: Likely covers essential definitions, structured questions to test your proficiency.
Study Strategy: Summarize these notes into flashcards or mind maps to aid active recall and long-term retention.
Recommendation: comprehensive resource for students aiming to deepen their understanding of General Studies.
Detailed Content Overview
Introduction
This notes resource titled "advanced-taxation-2015-august-2025" provides comprehensive exam preparation materials designed to test and enhance your understanding. This resource is structured to facilitate effective learning and retention of important information.
Key Topics Covered
Learning Objectives
- Master key concepts required for examination success
- Practice answering exam-style questions effectively
- Develop time management skills for timed assessments
- Identify and address knowledge gaps in understanding
Detailed Summary
CPA ADVANCED LEVEL ADVANCED TAXATION TUESDAY: 19 August 2025. Marks allocated to each question are shown at the end of the question. Any assumptions made must be clearly and concisely stated. Do NOT write anything on this paper. RATES OF TAX (For employment income including wife’s employment, self-employment and professional income). Assume the following rates of tax applied throughout the year of income 2024: Monthly taxable pay Annual taxable pay (Sh. ) 1 24,000 1 - 288,000 24,001 32,333 288,001 - 388,000 32,334 500,000 388,001 - 6,000,000 500,001 800,000 6,000,001 - 9,600,000 Excess over 800,000 Excess over 9,600,000 Rate of tax % in each Sh. ) 1200 cc 3,600 43,200 Up to 1500 cc 4,200 50,400 1201 1750 cc 5,800 69,600 1501 2000 cc 7,200 86,400 1751 3000 cc 8,600 103,200 2001 3000 cc 114,400 172,800 Over - i. c Residual value (25% per year on equal instalments) op Rate of investment allowance w. ) 18,000 6,000 2,400 10,800 CA34S1 Page 1 Out of 6 QUESTION ONE (a) You have been appointed as a tax advisor to a contractor involved in infrastructure projects for a County Government. The contractor has recently received conflicting tax assessment from both the Revenue Authority relating to withholding tax and County Government relating to contractual service levy.
Study Tips & Recommendations
Time Management
Practice under timed conditions to improve speed and accuracy. Allocate specific time limits to each section.
Active Practice
Attempt all questions before checking answers. Review mistakes to understand where improvements are needed.
Mark Scheme Review
Study marking schemes carefully to understand how examiners award points and structure your answers accordingly.
Regular Review
Schedule periodic reviews to reinforce learning and combat forgetting. Use spaced repetition for optimal retention.
Content Preview
CPA ADVANCED LEVEL ADVANCED TAXATION TUESDAY: 19 August 2025. Afternoon Paper. Time Allowed: 3 hours. Answer ALL questions. Marks allocated to each question are shown at the end of the question. Show ALL your workings. Any assumptions made must be clearly and concisely stated. Do NOT write anything on this paper. RATES OF TAX (For employment income including wife’s employment, self-employment and professional income). Year of income 2024. Assume the following rates of tax applied throughout the...
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