The Institute of Financial Services is offering a guide to help IFAs keep pace with the Budget changes to the tax system.
The 2001 Budget Changes Question Bank comprises 50 exam-style questions and answers on all the relevant developments effective from April. IFS believe this is the most effective way of explaining to IFAs the changes arising from the Budget.
Available in hard copy or on disk, it provides an update on issues, including contributions to stakeholder pensions and concurrency rules, personal pensions, Isas, income tax and capital gains tax.
Questions on corporation tax and inheritance tax are also included as well as changes in National Insurance contributions and stamp duty.
The bank contains the type of case-specific questions IFAs are likely to face from clients, with four possible answers available for each query.