awareness is easy, most people pass. also note that with the new CTA format (post may 2009) CIOT only publishes pass rates per paper, not overall. the overall pass rate per year ie candidates vs people entering the insitute is like 28 - 32% per year.
these are seriously hard exams and EVERYONE doing hem will have at least one professional qualification ACA or ATT. when i sat them also, most people doing them were like 40 years old, i was one of a few students in my early 20s doing it and let me tell you it was hell. i seriously suggest you DO NOT attempt these studying in your garage, get a proper tainign course with BPP Kaplan or tolleys or you will fail.
i did it with a big 4 firm, almost everyone was oxbridge a few had masters in taxation, a few were accountants already looking to specialise, and only 10 people passed 3 or more papers.
for me the case study is the worst. i can never pass even a mock.
everone i went to college with has given up after teh 2nd attempt. CTA will enhance your prospects, but if there is one guy with 5 years experience and one guy with 3 years experience and a CTA they will take the 5 years guy. when i was awaitng CTA results, i did the general tax route and all firms told me if i wanted to move into a specialist area of tax ie IHT, i would need to start alongside new graduates even if i passed CTA since i woudl totally need to retrain. another alternative is the HMRC internal exams.
anyone doing CTA and workign full time?
do you think i can do 3 papers in 4 months while working 12 hours a day but takign 3 weeks holiday leave? bearing in mind i did CTA twice before and failed, getting around 45% in all the papers i failed (need 50% to pass). please be honest?
i cant face takign all my holiday leave a third year in a row on these wretched cta exams, and they are soo oborig and hard
also anyone know anything about CGT on retricted securties or securities with artificailly dpressed MV? i read that ledge and was like wtfwtf
glad to see more of you taxis on here