Revenue Law: Principles and Practice

Table of Contents:
Section 1: Introduction 1 UK taxation – structure and philosophy 2 Tax avoidance and the courts 3 Tax avoidance and legislation 4 Administrative machinery 5 Tax avoidance, the future and the disclosure rules Section 2: Income tax Introduction to income tax 6 General principles and taxation of individuals 7 Computation charges, allowances and rates 8 Taxation of employment income 9 Employee participation: options, incentives and trusts 10 Trading income 11 Capital allowances 12 Losses 13 Land 14 Miscellaneous income 15 Annual payments, patent royalties and savings income 16 Taxation of savings and investments 17 Pensions 18 Trusts and settlements 19 Estates in the course of administration 20 The overseas dimension Section 3: Capital gains tax Introduction to capital gains tax 21 CGT – basic principles 22 CGT – entrepreneurs’ relief 23 CGT – death 24 CGT – exemptions and reliefs 25 CGT – the main residence 26 CGT – gifts and sales at an undervalue 27 CGT – settlements 28 CGT – companies and shareholders 29 CGT – offshore matters for individuals 30 Offshore trusts and CGT Section 4: Inheritance tax Introduction to inheritance tax 31 Introduction – from estate duty to inheritance tax 32 IHT – lifetime transfers 33 IHT – reservation of benefit 34 IHT – death 35 IHT exemptions and reliefs 36 IHT – settlements: definition and classification 37 IHT – settlements not subject to the relevant property regime 38 IHT – the relevant property regime 39 IHT – excluded property and the foreign element 40 Relief against double charges to IHT Section 5: VAT Introduction to VAT 41 VAT – the foundations 42 VAT – UK provisions 43 VAT on property 44 Practical application of VAT Section 6: Stamp taxes Introduction to stamp taxes 45 Transaction taxes, including stamp taxes Section 7: Business enterprise Introduction to corporate tax 46 Corporation tax 47 Company distributions and shareholders 48 Corporate groups Introduction to partnership tax 49 The taxation of partnerships 50 Limited liability partnerships 51 Choice of business medium 52 Incorporations, acquisitions and demergers 53 Taxation of intangibles Section 8: The family Introduction to taxation issues for the family 54 Taxation of the family unit 55 Matrimonial breakdown Section 9: Charities Introduction to the taxation of charities 56 Tax treatment of charities Section 10: Europe and human rights Introduction to tax issues in Europe 57 The impact of EU law 58 Human rights and taxation

About the Author :
Anne Fairpo, CTA (Fellow) is a barrister at Temple Tax Chambers. She advises a range of clients from listed multinationals to small start-ups on all areas of corporate tax, including cross-border taxation, and employment-related tax. She is a member and Past President of the CIOT Council and has authored many books, including Taxation of Intellectual Property (Bloomsbury Professional). Throughout her career, she has advised on tax issues relating to business structures, expansion, relocation and individual transactions, and in areas as diverse as the arts, biotechnology, online learning, telecoms, surgical equipment and reloadable payment systems. David Salter LLB (Hons), Solicitor (non-practising), Emeritus Reader, University of Warwick