EXAMINER’S GENERAL COMMENTS The number of candidates who passed the Principles of Taxation paper was 37% of the candidates who wrote the paper. This was below November 2021 of which 39% of the candidates passed. Thus, there was a dip in the performance of the candidates. The dip in performance of the candidates was surprising because the level of difficulty of the questions for this diet was below the November, 2021 diet. Candidates have been learning the principles of Taxation by focusing on past questions instead of the syllabus and the law. Questions were set to test the candidates’ understanding of the principles and laws of taxation. There were general understanding of the questions and more also the questions included instructions to candidates that were specific and clear. Most of the Candidates performed excellently probably because the instructions and requirements in the questions were clear enough. Candidates are advised, however, to read and pay more attention to the tax laws and principles. This is so because the Principles of Taxation is built on general knowledge on how the tax laws and principles are to work and more significantly how the law and principles are to be explained and applied.

STANDARD OF THE PAPER The standard of the questions was excellent for level two of the examination structure. All the questions did reflect the Principles of Taxation syllabus of which the candidates were expected to have a fair knowledge to pass. However, some questions were allocated more marks than they deserve, thus favouring some candidates who studied those areas. Notwithstanding, the questions fairly covered the entire syllabus and the expectations were that any average student who wrote the paper should be in the position to pass.