AAT TPFB study plan

Explain the conditions that make VAT registration compulsory and identify when voluntary registration is beneficial

Distinguish between standard-rated, reduced-rated, zero-rated and exempt supplies and classify 20 given transactions

Calculate output VAT, input VAT and the net VAT payable figure for a set of sales and purchase transactions

Identify the information that must legally appear on a valid VAT invoice and list the records a business must retain

Apply the correct VAT treatment to discounts, deposits and credit notes when computing the VAT due

Map each type of transaction to the correct box on the VAT return (boxes 1 to 9)

Compare the standard, cash and flat rate accounting schemes and select the appropriate scheme for a given trader

Distinguish between input VAT that is recoverable and VAT that must be blocked or apportioned

Complete a full VAT return from a bookkeeping list of sales and purchases within a 25-minute time limit

Adjust for bad debt relief, impaired debt and previous-period errors when preparing a return

Compute the VAT payable or repayable including any partial exemption restriction

State the filing and payment deadlines for a VAT return and the penalties for late submission and late payment

Process corrections to a previously submitted VAT return and decide whether an error can be adjusted on the next return

Reconcile control accounts to the VAT return figures and explain any difference

Explain how VAT is paid, including direct debit and the time-to-pay arrangement for a business in difficulty

Review the four weeks of VAT work and log every recurring error into a personal error list

Explain the PAYE system and identify the employer's obligations from hiring a new employee through to the final payment

Distinguish between the employee's and employer's National Insurance contributions and compute both for three given salary levels

Apply the correct tax code and explain how the personal allowance is tapered above the income limit

Describe the qualifying conditions for statutory sick pay, statutory maternity pay and statutory paternity pay

Compute gross pay, net pay and take-home pay for an employee with pension contributions, student loan deductions and a company benefit

Apply the correct treatment for deductions from pay, distinguishing those that are lawful from those that are not

Prepare a payroll record for a small employer covering six employees for one month

Verify each calculated figure against the payroll record, checking gross-to-net and net-to-gross in both directions

Explain the real time information reporting requirements and identify which submission is due at each payroll event

Complete the fields required on a full payment submission and an employer payment summary

Calculate the amount payable to HMRC for a pay period, including PAYE, NIC, student loans and statutory recoveries

Explain the penalties that apply to late RTI submissions and late payment of PAYE

Complete a full-length timed mock assessment covering VAT and payroll sections under exam conditions

Analyse every incorrect answer and trace it back to the underlying rule or calculation step

Re-work the five weakest topics identified in the error logs from weeks 4 and 8

Confirm readiness against the pass criteria by reviewing scores section by section