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By:
Michael Agwu
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Decks in this class (39)
Employment Income
Resident domiciled 1,
Domicile 2,
What happens to uk income when re...
45
cards
Employment Benefits
Employer pension schemes 1,
Trivial benefits 2,
Mobile phone 3
30
cards
Trading Income
Taxes on trading income 1,
Trading income computation for ta...,
Depreciation loss on disposal 3
35
cards
Property Income
Is property income included in tr...,
How is property income taxed 2,
Cash basis 3
10
cards
General Income Tax Notes
Pa when total income is below 100k 1,
Pa when total income exceeds 100k 2,
Pa when total income is above 125...
27
cards
Inheritance Tax Basics
To be within scope of inheritance...,
What makes a person a chargeable ...,
What are the two types of transfe...
51
cards
Inheritance Tax - Death Estate & Valuation
Diminution in value principle app...,
Computation for the diminution in...,
Proceeds for a part transfer for ...
57
cards
Inheritance Tax - Admin/Due Dates
Delivery of accounts 1,
Due date for delivery of accounts...,
Due date for delivery of accounts...
10
cards
Inheritance Tax - Business Property Relief
Bpr 1,
Which stage is bpr in the computa...,
Bpr is available if which conditi...
14
cards
Employment Income
Employment income pro forma 1,
Expenses incurred wholly for work 2,
Contributions to pension scheme 3
35
cards
Employment Income 2
Passenger payment rate 1,
Smrs rates 2,
How to calculate car benefit 3
33
cards
Employment Income Appendix
Living accommodation 1,
Work buses 2,
Provision of parking space near w...
24
cards
Trading Income
Pre trading expenditure rules 1,
Fixed rate expenses 2,
Are fixed rate expenses optional 3
42
cards
National Insurance
Class 1 primary 1,
Class 1 secondary 2,
Class 1a 3
45
cards
Capital Allowances
Srp 1,
Mp 2,
Aia doesn t apply to 3
35
cards
Cash Basis of Accounting
Default taxable method for 24 25 1,
Can an election be made to use ac...,
Under cash basis tax adjusted tra...
35
cards
Property Income
What type of income is property i...,
Property income computation 2,
What method is used for property ...
32
cards
Pensions
Who can make pension contributions 1,
Two types of pension schemes 2,
Occupational pension scheme 3
27
cards
Income Tax Computation
Income tax pro forma headings 1,
Income tax pro forma 2,
Pa 3
27
cards
Chargeable Gains for Individuals
Capital gains pro forma 1,
Taxable gains that fall into unus...,
Taxable gains above brb 3
52
cards
Stamp Taxes
What is stamp duty 1,
How is stamp duty taxed 2,
What is stamp duty charged at 3
50
cards
Ethics
Fundamental icaew ethical princip...,
Pcrt 2,
What is the pcrt for 3
53
cards
Unincorporated Trader Losses
When does a trading loss arise 1,
What is the impact of transitiona...,
Trading loss options 3
27
cards
Capital Taxes - Reliefs (Gift Relief & Replacement of Business Assets Relief)
What are the capital reliefs 1,
Replacement of business asset rel...,
How can a gain be deferred under ...
29
cards
Capital Taxes - Reliefs (BADR, Investors' Relief, PRR & BPR)
Badr 1,
How does badr work 2,
Which assets qualify for badr 3
47
cards
Overseas Aspects for Individuals (General & IHT)
How do you determine if an indivi...,
If individual satisfies automatic...,
If an individual satisfies the au...
37
cards
Overseas Aspects for Individuals (IT & CGT)
Basis of assessment for income tax 1,
Arising basis 2,
Remittance basis 3
38
cards
VAT (Recap)
Vat is charged on 1,
A taxable person is 2,
What is a taxable supply 3
47
cards
VAT (Partial Exemption)
What is a supply of goods 1,
What are also examples of supplie...,
What is a supply of services 3
25
cards
VAT (Groups & Property Transactions)
Conditions for vat groups 1,
Can a non corporate entity sole t...,
To be part of a vat group 3
24
cards
VAT (Special Schemes)
Capital goods scheme 1,
What happens when the capital goo...,
Which assets are covered by the c...
23
cards
VAT (Overseas Aspects)
Is there a difference in vat trea...,
Is there a difference in treatmen...,
From a vat perspective how are im...
14
cards
Corporation Tax (Recap)
What is ttp 1,
When is a company uk resident 2,
Which companies are subject to uk...
24
cards
Corporation Tax
Pro forma for calculating total t...,
Trading income 2,
Property income 3
51
cards
Chargeable Gains for Companies
What is the main difference for c...,
Do companies get an annual exempt...,
Indexation allowance 3
34
cards
Additional Aspects of Corporation Tax
How is interest taxed for compani...,
Interest receivable for trading n...,
Interest payable for trading 3
31
cards
Corporation Tax Losses
When does a trading loss arise 1,
What are the options for loss rel...,
How does offsetting losses agains...
23
cards
Groups
Who is group loss relief availabl...,
Two companies are members of a 75...,
For group loss relief do you need...
32
cards
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BUS277 - Tax Compliance
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