NBR ITP study materials
NBR ITP study resources

NBR ITP study plan

NBR ITP · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Income Tax & Customs Duty

  • Map the Income Tax syllabus into a one-page topic tree covering heads of income, chargeable income, exemptions, and administrative provisions

  • Define and correctly classify the core income concepts (assessable income, taxable income, source rules) using your own worked examples

  • Draft a comparison table distinguishing Income Tax and Customs Duty concepts that are commonly confused, such as valuation versus income computation

  • Solve 20 basic Income Tax computation items and log every error with its root cause

Your checkpoint

A one-page Income Tax topic tree plus an error log of at least 20 solved items with root causes noted

Week 2

Income Tax & Customs Duty

  • Compute taxable income for individuals and businesses from given fact patterns, applying deductions and exemptions in the correct order

  • Apply the rules for determining the source and timing of income to at least five scenario items

  • Explain the customs classification hierarchy and apply it to classify five sample goods descriptions

  • Calculate customs duty on simple import scenarios using assessable value plus applicable rates

Your checkpoint

A worked solutions sheet containing five full Income Tax computations and five customs classification and duty calculations

Week 3

Income Tax & Customs Duty

  • Interpret the main administrative obligations under Income Tax, including filing, assessment, appeals, and penalties, and state the deadline or consequence for each

  • Analyse customs valuation methods in order of application and justify which method applies in three fact patterns

  • Compare the treatment of penalties and interest in Income Tax versus Customs Duty in a two-column summary

  • Complete 25 mixed Income Tax and Customs Duty multiple-choice items under timed conditions

Your checkpoint

A two-column penalty and interest comparison summary plus a timed 25-item practice score with review notes

Week 4

Income Tax & Customs Duty

  • Re-solve every item missed in weeks 1 to 3 without notes until each is correct twice

  • Produce a condensed formula and rule sheet for Income Tax and Customs Duty limited to two pages

  • Explain aloud, from memory, the full customs duty computation chain from classification to final liability

  • Identify your three weakest sub-topics in Domains 1 and 3 and write a targeted remediation action for each

Your checkpoint

A two-page condensed rule sheet for Domains 1 and 3 plus a written remediation plan for three weak sub-topics

Week 5

VAT

  • Map the VAT syllabus into a topic tree covering scope, registration, taxable base, rates, input credit, and returns

  • Determine taxability and place of supply for ten short transaction scenarios

  • Compute output VAT, allowable input credit, and net payable for five business scenarios

  • List the documentation and record-keeping requirements for VAT and state the consequence of each missing record

Your checkpoint

A VAT topic tree plus a five-scenario computation sheet showing output tax, input credit, and net payable

Week 6

VAT & Excise Duty and Surcharge

  • Apply VAT registration thresholds and timing rules to five borderline cases and justify each conclusion

  • Compute excise duty on manufactured goods using the correct base and rate structure for five scenarios

  • Distinguish excise duty from VAT on the same transaction and show how the two interact in a single computation

  • Explain the purpose and computation of surcharge and identify which transactions attract it

  • Complete 30 mixed VAT and excise items under timed conditions and categorise each error by cause

Your checkpoint

An interaction diagram showing VAT, excise duty, and surcharge applied to one end-to-end transaction, plus a timed 30-item score with error categories

Week 7

VAT & Excise Duty and Surcharge

  • Re-solve all missed items from weeks 5 and 6 until each is correct twice without notes

  • Build a comparison table of VAT, excise duty, and surcharge across base, rate, incidence, and filing obligations

  • Work through five comprehensive scenarios that combine VAT, excise, and surcharge with customs duty on imported goods

  • Draft a one-page list of the ten most testable distinctions across Domains 2 and 4

Your checkpoint

A cross-domain comparison table plus five fully worked combined scenarios covering VAT, excise, surcharge, and customs duty

Week 8

Income Tax & VAT & Customs Duty & Excise Duty and Surcharge

  • Complete two full-length timed mock exams under exam conditions and record scores by domain

  • Review every mock error and re-solve each until correct without reference material

  • Recite your condensed rule sheets for all four domains from memory and note any gaps

  • Finalise a one-page exam-day strategy covering time allocation per domain and question triage

Your checkpoint

Two completed timed mock exams with domain-level score breakdowns and a final one-page exam-day strategy sheet

Milestones

Week 4: Score at least 65 percent on a timed 25-item mixed set covering Domains 1 and 3, with no repeated error cause appearing more than twice

Week 6: Score at least 65 percent on a timed 30-item mixed set covering Domains 2 and 4, and correctly complete one combined VAT, excise, and surcharge computation unaided

Week 7: Complete all five combined cross-domain scenarios with correct final liabilities and no unresolved error-log entries from weeks 1 to 6

Week 8: Score at least 70 percent overall on both full-length mocks with no domain below 60 percent, and have every mock error re-solved correctly without notes