Unit R04

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. It should be assumed that all individuals are domiciled and resident in the UK unless otherwise stated.
• The R04 examination consists of 50 multiple choice questions (MCQs): 39 standard format and 11 multiple response format. 1 hour is allowed for this examination.
• The general rule is that the new tax year and changes arising from the Finance Act will be examined from 1 September each year. Other changes, not related to the Finance Act, 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.

MoneyHelper

From June 2021 The Money and Pensions Service (MaPS) will be rebranded as MoneyHelper. Examinations will be reflective of this change from 1 September 2021.

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.

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.