ATX-UK Revision Notes - Finance Act 2025 - Exams June 2026 to March 2027, and June 2027

Aug 28, 2026

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Revision notes for ACCA ATX-UK built around Finance Act 2025 for the exam window June 2026 to March 2027 and June 2027 only. Consolidates ATX-UK study content and exam kit into a compact set of reminders, including exam focus icons, tax rates and allowances, memorisation guidance, key limits and election dates, and cross-tax relief comparisons. Covers corporation tax computations and administration, CGT for individuals, IHT and trusts, ethics, income and personal taxation, unincorporated businesses, family companies and financial management, and VAT, plus a master point-form appendix with exemptions and all key rates.

LanguageEnglish

CategoryExam

FormatPDF

Pages74

Reading Time3 h 6 min

AccessFree to download

How to use these notes

Tax rates and allowances (FA2025 / 2025-26)

Exam format

Exam technique reminders

ATX-UK syllabus coverage

Part A - Corporation Tax

Part B - Capital Gains Tax (Individuals)

Part C - Inheritance Tax and Trusts

Part D - Ethics

Part E - Income Tax and Personal Taxation

Part F - Unincorporated Businesses

Part G - Family Companies and Business Financial Management

Part H - VAT

Part I - Professional and Employability Skills

Appendix - Master Point-Form Summary

ACCA ATX-UK (Advanced Taxa/on)— Revision Notes Finance Act 2025—for exams June 2026 to March 2027, and June 2027 (NOT September 2027 onward) Contents 􀀁 = Exam Focus 􀀂 = Key Point 􀀃 = O􀀔cial scope/rates con􀀙rma􀀚on 􀀄 = New atATX (not in TX-UK) How to use these notes Tax rates and allowances (FA2025 / 2025-26) Given in the exam vs must be memorised Key /me limits and elec/on dates Cross-tax relief comparison-common condi/ons at a glance A. Qualifying ownership/holding periods B. Key percentage/shareholding thresholds C. Rates of relief given D. Life􀀟me/annual monetary caps E. Common claim-deadline "shapes" ATX-only topics-not in TX-UK Weighted examinable areas-based on ACCA past exam data Part A-Corpora/on Tax Ch 1 CT computa􀀟ons and administra􀀟on Ch 2 Compu􀀟ng TTP-income and gains Ch 3 Corpora􀀟on tax losses Ch 4 Groups and consor􀀟a Ch 5 Overseas aspects of corpora􀀟on tax Part B-Capital Gains Tax (Individuals) Ch 6 Basic CGT rules and SDLT Ch 7 CGT-varia􀀟ons to the basic computa􀀟on Ch 8 Shares/securi􀀟es and stamp duty Ch 9 CGT reliefs for individuals Amit Agarwal – WhatsApp Number +91 99241 27824 ATX-UK Revision Notes (FA-25) | Page 1 of 74 Part C-Inheritance Tax and Trusts Ch 10 Introduc􀀟on to IHT Ch 11 Special valua􀀟on, reliefs, and the death estate Ch 12 IHT overseas, administra􀀟on and planning Ch 13 Taxa􀀟on of trusts Part D-Ethics Part E- Income Tax and Personal Taxa/on Ch 15 Personal tax administra􀀟on Ch 16 Income tax computa􀀟on Ch 17 Employment income and NICs Ch 18 Property, investment income and PFM Ch 19 Pensions Ch 20 Overseas aspects of IT and CGT Part F-Unincorporated Businesses Ch 21 New and ongoing unincorporated businesses Ch 22 Cessa􀀟on of an unincorporated business Ch 23 Partnerships Part G-Family Companies and Business Financial Management Ch 24 Family companies and related planning Ch 25 Business ;nancial management Part H-VAT Ch 26 VAT-outline Ch 27 VAT-administra􀀟on and overseas aspects Part I-Professional and Employability Skills Appendix-Master Point-Form Summary 1. Taxable bene;ts in kind 2. Exempt bene;ts 3. Exempt income 4. Exempt assets (CGT) 5. Exempt disposals/transfers Amit Agarwal – WhatsApp Number +91 99241 27824 ATX-UK Revision Notes (FA-25) | Page 2 of 74 6. Income tax reliefs 7. CGT reliefs 8. IHT exemp􀀟ons and reliefs 9. Corpora􀀟on tax reliefs 10. VAT reliefs and schemes 11. All rates at a glance Amit Agarwal – WhatsApp Number +91 99241 27824 ATX-UK Revision Notes (FA-25) | Page 3 of 74 How to use these notes These notes condense the ATX-UK Study Text (29 chapters) and Exam Kit into a single revision document. They are not a subs􀀟tute for the full Study Text—use them in the ;nal weeks before the exam to jog your memory on rules, pro formas and numbers, and alongside full ques􀀟on prac􀀟ce. 􀀃 OAcial source conBrma/on: the “Tax rates and allowances” sec􀀟on of these notes has been checked line-by-line against ACCA’s own “Examinable Documents —Exams in June 2026 to March 2027 and June 2027” publica􀀟on and matches it exactly. That publica􀀟on con;rms: (1) these exams examine the Finance Act 2025 (Royal Assent 20 March 2025); (2) the rates/allowances below are reproduced verba/m in the exam itself —supplementary instruc􀀟ons and all; (3) prospec/ve legisla/on is not examined un/l it actually takes eGect , even if already enacted; (4) this validity window is June 2026 – March 2027, and June 2027 only —a September 2027 siJng would move to a later Finance Act, so re-check before relying on these notes for a later siJng. ACCA also separately publishes TX-UK guidance which underpins much of this syllabus—worth a skim if any TX-level founda􀀟ons feel shaky. Exam format | Sec/on | Content | Total marks | Technical | Professional skills | | --- | --- | --- | --- | --- | | A | 1 compulsory ques􀀟on (incl. 5 marks ethics) | 50 | 40 | 10 | | B | 2 compulsory ques􀀟ons (25 eac

FAQs

What exam timeframe do these ATX-UK revision notes cover for Finance Act 2025?

The notes target exams from June 2026 to March 2027, and June 2027 only. A later September 2027 sitting would move to a later Finance Act, so the validity should be rechecked.

How are the ATX exam sections structured and how many marks are allocated?

There are two sections: Section A has 1 compulsory question (including 5 marks ethics) worth 50 marks, and Section B has 2 compulsory questions worth 50 marks total (25 each). Overall the exam totals 100 marks with 80 technical and 20 professional skills.

What topics and parts are included in the syllabus summary within the revision notes?

The notes condense all major parts: Corporation Tax, Capital Gains Tax (individuals), Inheritance Tax and Trusts, Ethics, Income Tax and Personal Taxation, Unincorporated Businesses, Family Companies and Business Financial Management, VAT, and Professional and Employability Skills, plus a point-form appendix of key exemptions, reliefs, and rates.

Aug 28, 2026

Upload by Maeve