J02
Diploma in Financial Planning
Unit J02 – Trusts
March 2023 examination
SPECIAL NOTICES
All questions in this paper are based on English law and practice applicable in the tax year
2022/2023, unless stated otherwise in the question, and should be answered accordingly.
It should be assumed that all individuals are domiciled and resident in the UK unless
otherwise stated.
, J02 March 2023
Unit J02 – Trusts
Instructions to candidates
Read the instructions below before answering any questions
• Two hours are allowed for this paper which consists of 15 short answer questions and carries a
total of 130 marks.
• You are strongly advised to attempt all questions to gain maximum possible marks.
The number of marks allocated to each question part is given next to the question and you
should spend your time in accordance with that allocation.
• Read carefully all questions and information provided before starting to answer. Your answer
will be marked strictly in accordance with the question set.
• It is important to show all steps in a calculation, even if you have used a calculator.
• Tax tables are provided at the right-hand side of the interface.
Subject to providing sufficient detail you are advised to be as brief and concise as possible,
using note format and short sentences on separate lines wherever possible.
2
Diploma in Financial Planning
Unit J02 – Trusts
March 2023 examination
SPECIAL NOTICES
All questions in this paper are based on English law and practice applicable in the tax year
2022/2023, unless stated otherwise in the question, and should be answered accordingly.
It should be assumed that all individuals are domiciled and resident in the UK unless
otherwise stated.
, J02 March 2023
Unit J02 – Trusts
Instructions to candidates
Read the instructions below before answering any questions
• Two hours are allowed for this paper which consists of 15 short answer questions and carries a
total of 130 marks.
• You are strongly advised to attempt all questions to gain maximum possible marks.
The number of marks allocated to each question part is given next to the question and you
should spend your time in accordance with that allocation.
• Read carefully all questions and information provided before starting to answer. Your answer
will be marked strictly in accordance with the question set.
• It is important to show all steps in a calculation, even if you have used a calculator.
• Tax tables are provided at the right-hand side of the interface.
Subject to providing sufficient detail you are advised to be as brief and concise as possible,
using note format and short sentences on separate lines wherever possible.
2
