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Decks in this class (23)
Ch 1: Income Tax Comp
What is the duration of the tax year,
What income is exempt 4 key items,
Qualifying loan interest is inter...
14
cards
Ch 2: Employment
How do you distinguish whether yo...,
What tests are applied to disting...,
How do you calculate the company ...
44
cards
Ch 3: Self-Employment
What are the 6 badges of trade,
What are the steps to find assess...,
Cash basis for small businesses o...
5
cards
Ch 4: Capital allowances
What asset never gets aia,
Who should you give aia to first,
What happens to aia for 51 companies
14
cards
Ch 5: Basis Periods
List some examples of ceasing in ...,
What do you do in the final tax year,
What are the conditions of a chan...
5
cards
Ch 6: Partnerships
How do you allocate partnership p...
1
cards
Ch 7: Trading losses
What are the normal loss relief o...,
How can losses in opening years o...,
How do you relive loss in the clo...
8
cards
Ch 8: Property & investment income
Replacement furniture relief what...,
Can you deduct replacement costs,
Treatment of financing costs how ...
12
cards
Ch 9: Pensions
What is the impact on the individ...,
What is the impact on the employe...,
What is the impact on the individ...
11
cards
Ch 10: National Insurance
What nic do employees pay,
What nic do employers pay,
When are class 1 nics due
12
cards
Ch 11: Capital Gains Tax
What is a chargeable disposal,
List exempt disposals under cgt,
List exempt assets under cgt
19
cards
Ch 17: Overseas aspects: individual
What are the 2 deemed uk domicile...,
What is the impact of being deeme...,
How do you calculate dtr
20
cards
Ch 14 + 15: IHT
What exemptions are there for iht...,
What exemptions are there for iht...,
When can you transfer the nil rat...
33
cards
Ch 18 & 19: Corporation Tax + additional aspects
How do you calculate augmented pr...,
What is the augmented profit limit,
What is the default date to pay c...
24
cards
Ch 12: CGT reliefs
What is the criteria for rollover...,
How many cgt loss reliefs are the...,
What are the steps to cgt with re...
28
cards
Ch 20: Corporate losses
How do you relieve a trading loss...,
How do you relieve a trading loss...,
When do restrictions on loss reli...
4
cards
Ch 21: Groups of companies
Where does a relief group loss gr...,
What is the rule around brought f...,
What is the maximum group relief
18
cards
Ch 22: Overseas aspects: companies
When does transfer pricing apply,
What is a cfc,
When does a cfc charge arise
14
cards
Ch 23: VAT
What is test 1 of the de minimus ...,
What is test 2 of the de minimus ...,
What is test 3 standard test of t...
38
cards
Ch13: Shares and Securities
What order are share disposals ma...,
What price is used for shares tha...,
How are bonus and rights issues d...
7
cards
Ch 24: Stamp taxes
What do you pay stamp duty reserv...,
What is the rate of sdrt,
What do you pay stamp duty on
7
cards
Ch 27: Financial Management
What is the annual investment lim...,
What is the annual investment lim...,
What is the annual investment lim...
23
cards
Ch 28: Ethics
What must we do if the client has...,
What must we do if there is a con...,
What must we do if we identify mo...
6
cards
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Advanced Tax 20/21
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