CII Definitions Flashcards
1
Q
State
A
State info - do not justify or explain
2
Q
Identify/Detail
A
Headline the detail then explain e.g It will pay a tax free lump sum to pay off his mortgage
3
Q
Outline
A
Main points - not detail - Benefits and Drawbacks of….
1 column for each with bullet points
4
Q
Comment on/Evaluate
A
Say what you see
Say what you don’t see
5
Q
Explain/Describe
A
More detail - than Comment on
e.g 30% income tax relief on EIS to reduce tax paid in year concerned
6
Q
Calculate
A
List workings point by point
7
Q
Summary
A
Get additional info — analyse the position — make recommendations
