Member Training: CII R03 Personal Taxation – Study Support

Skills Edge Training are offering study support across a wide range of CII units.

We deliver 6 online workshops across 12 weeks for each CII unit. These workshops are delivered by a CII lead trainer with over 20 years’ experience and will provide you with a study structure and allow you to understand the real world application of the study text. Providing tuition, tips, tricks and strategies, these sessions will ensure you are exam ready.

All workshops are completed live in a virtual classroom, these are also recorded and are available to catch up on demand. You will also have access to our interactive forum which allows you to ask questions to your tutor and peers between sessions. In addition, you will also be provided access to RM Advance which will provide you with additional resources such as study guides and mock assessments.

Course Summary:

The R03 Personal Taxation qualification provides you with the fundamental knowledge of the UK tax system, taxation considerations to individual needs, and application to the advice process. At the end of this course you will have learnt:

• Basic structure of the UK tax system
• Main taxes on income and capital that may be charged on individuals and trusts, the self-assessment system and how tax liabilities are computed
• Taxation of investments as relevant to the needs and circumstances of individuals and trusts

This course consists of 6 online workshops delivered fortnightly with Sue Cox; CII principle trainer with over 20 years of financial services training and coaching experience. In addition to this, you have access to interactive forums, resources and class notebook.

You will need to commit to approximately 5 hours per week independent study.

Who is it for: This qualification is ideal for anyone considering a career within wealth management. It is also a strong starting point for many professionals looking to achieve their CertPFS (Certificate in Paraplanning) or DipPFA (Diploma in Regulated Financial Planning) and are interested in becoming a Paraplanner or Financial Adviser.

What you will learn:

This course covers 4 learning outcomes:

1. Understand the UK tax system as relevant to the needs and circumstances of individuals and trusts
2. Analyse the taxation of investments as relevant to the needs and circumstances of individuals and trusts
3. Analyse the role and relevance of tax in the financial affairs of individuals and trusts
4. Apply the knowledge of personal taxation to the provision of investment advice

Assessment:

This qualification is assessed through 50 questions: 39 standard format and 11 multiple response questions. Only 1 hour is allowed for the exam. You will need to purchase your exam and book this directly with the Chartered Insurance Institute.

Future Job Roles:

With R03 you can consider support positions within financial advisory and wealth management firms. Most professionals complete this qualification with a view of completing the remaining 5 R0 examinations and achieving the Diploma in Regulated Financial Planning (DipPFS). With the DipPFS you can practice as a Financial Adviser.

Entry Requirements:

Before undertaking the course you should have ordered the R03 Personal Taxation study text.

If you are pursuing a career in financial services you may consider becoming a member of the Chartered Insurance Institute to lower the overall costs of exams.

There are no other formal entry requirements.

Technical Specifications:

Our programmes are delivered and supported through Microsoft Teams. You will need to download the Microsoft Teams application onto a PC. This application is also available for IOS and Android.

It is highly recommend that you access the workshops through a PC with full audio capabilities (microphone and speakers) and preferably you will participate with a headset.

These are online workshops and you will require a steady internet connection.