This edition brings the book completely up to date with the provisions of the Finance Act 2017, including:

 

• Making Tax Digital (MTD)

• Revised Budget timetable

• Income tax in Scotland

• Cash basis for property businesses

• Employee shareholder status

• Taxation of termination payments

• The cash basis threshold

• Enabler penalties

• Reform of corporate loss relief

• Corporate interest expense restriction

• IHT main residence nil-rate band

• Deemed domicile

 

This book will be of value to both undergraduate and professional students of business and accounting, and will be particularly useful for students preparing for the following examinations:

 

ICAEW Certificate Level, Principles of Taxation; ACCA Fundamentals Level, Taxation; ACCA Technician Scheme, Foundations in Taxation; CIPFA Diploma Stage, Taxation; AAT Professional Diploma, Personal Tax and Business Tax; ATT Certificates, Personal Taxation; Business Taxation and Accounting Principles; AIA Foundation Level, Auditing and Taxation; IFA Level 4, Tax for SMEs.