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Taxation: (Business Degree S.)

Taxation: (Business Degree S.)


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About the Book

In this detailed introduction to income tax, corporation tax, capital-gains tax, inheritance tax and VAT, the legal framework is accompanied by numerous illustrative examples of the practical operation of statute and case law. The student is thus helped to acquire a knowledge not only of the relevant statutory law, but of the case law with which to interpret it, and thereby to apply these legal principles to practical problems and prepare the necessary computations. This 17th edition incorporates the provisions of the Finance Act 1998. The book is intended for use on courses for ACCA Levels 2 and 3, CIMA Stage 3, ICAEW PE1 and PE2, ICSA Part IV, the Assocation of Taxation Technicians and Associateship Examination, AAT Level 3, ICA Level 2 Paper 3 and Level 4 Paper 16, and the Association of International Accountants Module F Paper 16.

Table of Contents:
Introduction: abbreviations and statutes; summary of main changes 1997/98. Part 1 Income tax: general principles; administration; personal allowances and reliefs; charges on income and interest paid; income from savings - taxed income, Schedule D case; income from employment - Schedule E, Schedule E international aspects, PAYE; income from UK land and property - Schedule A; income from foreign investments - two Schedule D cases; income from self-employment - basis of assessment, change of accounting date; capital allowances; relief for trading and capital losses; partnership taxation; personal investment - pensions and retirement annuities, miscellaneous; estate and trust income; National Insurance and social security. Part 2 Corporation tax: general principles; the charge to corporation tax; capital allowances; charges on income; qualifying distributions ACT and F11; relief for losses; close companies; corporation-tax rates and the small company; groups and consortia; international aspects. Part 3 Taxation of chargeable gains: general principles; the basic rules of computation; land and chattels; stocks and securities; taxable securities; chargeable occasions; gifts-holdover relief; business assets and businesses. Part 4 Inheritance tax: general principles; basic rules of computation; general exemptions and relefs; principles of valuation; business property relief; agricultural property and woodlands relief; settlements. Part 5 Value Added Tax: general principles; the VAT system; special schemes for retailers; VAT worked examples. Part 6 Tax planning: aspects of tax planning. Part 7 Case law.


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Product Details
  • ISBN-13: 9781858053721
  • Publisher: Cengage Learning EMEA
  • Publisher Imprint: Cengage Learning EMEA
  • Height: 274 mm
  • Weight: 1110 gr
  • ISBN-10: 1858053722
  • Publisher Date: 10 Jul 1998
  • Binding: Paperback
  • Series Title: Business Degree S.
  • Width: 215 mm


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