EXAMINER’S GENERAL COMMENTS Approximately 40% of the candidates who wrote the paper passed. This pass rate was above that of May 2021 of which 23% of the candidates passed. Thus, there was a vast improvement in the performance of the candidates. It was evident that most candidates learn the Principles of Taxation based on past questions instead of the syllabus and the law. The paper now pays attention to the candidates' understanding of the principles and laws of taxation. There were a clear 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. However, candidates are advised 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 a part two level 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 of the areas were allocated more marks than they deserve, thus favouring some candidates who studied those areas. Notwithstanding, the questions somewhat covered the entire syllabus, and the expectations were that an average student who wrote the paper should be in the position to pass.