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April 2008 Tax Changes
Following the practice of previous
years the IMC will reflect the taxation changes announced in the April 2008
budget in tests taken
from 1 June 2008. Taxation is examined in Unit 1 UK
Regulations and Markets, Module 4. Questions directly relating to tax rates
constitute a very small proportion of the whole
examination. Candidates studying using the 6th edition Official Training Manual will need to download the following update:
Unit 1 Topic 4 Taxation - 1 June 2008 update|
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