CFAP-05 Tax Practices and Planning
Current subject overview based on ICAP’s Autumn 2026 CFAP syllabus.
StageCFAP
Learning Hours140–155
Syllabus BasisAutumn 2026
This page summarizes the official syllabus structure, exam focus and study approach for Tax Practices and Planning.
Official Syllabus Structure
| Area | Weightage | What It Covers |
|---|---|---|
| Income Tax | 55–70% | Computation, returns, assessments, appeals, international taxation and tax planning. |
| Sales Tax & Federal Excise Duty | 25–35% | Output/input tax, apportionment, registration, returns, provincial service tax and FED. |
| Ethics | 5–10% | Fair tax legislation, administration and ethics of taxpayers, practitioners and authorities. |
Key Areas to Prepare
- Income Tax Ordinance 2001
- Tax computations
- Withholding / minimum / final tax
- International taxation
- Tax planning
- Sales Tax Act 1990
- Provincial sales tax on services
- Federal Excise Duty
- Tax procedures & appeals
- Tax ethics
How to Study This Paper
Tax changes frequently. Use the applicable examinable legislation for your attempt and practise advisory-style questions, not only calculations.
SC E-Learning Resources
Important: ICAP may update examinable laws, standards and study material. Always check the applicable official material for your attempt.