Unit R07

Testing Position

• Examinations are based on the published syllabus. Syllabuses are available free of charge on the CII website www.cii.co.uk or on request.
• Candidates will be examined on the basis of law and practice in England unless otherwise stated.
• The R07 examination consists of 75 multiple choice questions (MCQs) and five case studies, each comprising five MCQs.  2 hours is allowed for this examination.
• The general rule is that legislative and industry changes will not be examined earlier than 3 months after they come into effect.
• Candidates must keep up to date with legislative and industry changes that occur.

Tax year

• The tax year 2023/2024 will be examined from 1 September 2023 until 31 August 2024.

Brexit

Any relevant changes that may affect CII syllabuses or assessments will be announced on this page as they arise along with a date from when the changes will be assessed.

Stamp Duty Land Tax

The changes to Stamp Duty Land Tax, as announced in the mini-budget of 23 September 2022, will be reflected in examinations from 23 December 2022.

Financial Ombudsman Service Award Limit Change

Changes to the Financial Ombudsman Service (FOS) award limits come into effect on 1 April 2023.  Examinations will be reflective of these changes from 1 July 2023.