Some exam questions fail candidates because the content is genuinely advanced. This one didn't. The real March 2025 Principles of Taxation Chief Examiner's Report describes Question Three as containing details that "were very clear" and says "any average candidate...

Two related companies trade with each other. Does the price they agreed on hold up to the standard an independent buyer and seller would have reached? That question sits at the heart of transfer pricing, and ICAG’s July 2024...

On ICAG’s November 2024 Public Sector Accounting and Finance paper, Question Three scored an average of just 9 out of 20 marks — not because the content was obscure, but because, in the Chief Examiner’s own words, some candidates...