David Clancy BBS, MBA, AITI Paper Specialist: P6 10 Placings at 1st, 2nd & 3rd.

David Clancy is a Tax Consultant and a Director of Clancy & Associates. Previous to setting up his own tax consultancy business, David worked as a tax advisor in KPMG and BDO Simpson Xavier. David has lectured for both Dublin Business School and other professional accounting and tax institutes for 20 years. He has also written extensively on tax over the years for textbooks, journals and national media. As a tax consultant, David is at the “coalface” of tax and has great practical experience of the issues which the ACCA tax paper examines students on, and the key areas students need to know to pass the exams. David believes that the QBR is of critical importance to ACCA students in preparing for their exam.

P6 – Advanced Taxation explained

AIMS AND OBJECTIVES

To apply relevant knowledge, skills and exercise professional judgement in providing relevant information and advice to individuals and business on the impact of the major taxes on financial decisions and situations.

After completing this examinations paper students should be able to:

• Apply further knowledge and understanding of the Irish tax system through the study of further capital taxes, together with more advanced topics within the taxes studies previously
• Evaluate and explain the importance of taxation to personal and corporate financial management
• Identify and evaluate the impact of relevant taxes on various situations and courses of action, including the interaction of taxes
• Provide advice on minimising and/or deferring tax liabilities by the use of standard tax planning measures.
  Communicate with clients, the Revenue Commissioners and other professionals in a appropriate manner