Personal Tax

This class was created by Brainscape user Helder Kiala.

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Decks in this class (16)

Week 1 - Intro to Income Tax Fundamentals
What s the purpose of taxation in...,
How does the government set tax r...,
Who is responsible for enforcing ...
16  cards
Week 2 - Income Tax – savings income/dividends & rental income
How does the starting rate band w...,
How does personal savings allowan...
2  cards
W3 - Employment Income + Benefits In Kind (Company Car)
What is employment income made up...,
What s the basis called to tax em...,
What are the rules for calculatin...
9  cards
W3 - Benefits In Kind (Private Fuel)
When does private fuel become a t...,
What s the formula for fuel benef...,
Blank 3
3  cards
W3 - Mileage Allowance
What is mileage allowance 1,
What happens when payment amap 2,
What happens when payment amap 3
4  cards
W3 - Accommodation Benefit
What s the formula for additional...,
What s the formula for the total ...,
What s the twist for employer pro...
4  cards
W3 - Gifts and Use of Assets
What s a gift of an asset 1,
What s the formula 2,
What s the formula for the use of...
3  cards
W4 - Income Tax - Gift Aid, Admin and NIC
How does gift aid affect income t...,
When don t you make poa 2,
What is poa based on 3
4  cards
W5 - Capital Gains Tax
Capital gains tax cgt is only cha...,
What are two exempt disposals 2,
Name 3 exempt assets 3
5  cards
W7 - CGT - Share Disposal
What are the matching rules when ...,
Blank 2
2  cards
W7 - CGT - Part Disposal
How is base cost allocated 1,
What s the part disposal formula 2,
Blank 3
3  cards
W7 - CGT - Chattels
What s a chattel 1,
What are the two types of chattels 2,
What assets are exempts for cgt 3
9  cards
W8 - Basic tax planning for individuals
What is tax planning tax avoidance 1,
What is tax evasion 2
2  cards
W8 - CGT
Special rule for married couples 1
1  cards
W9
0  cards
W10
What are the two rules for quotin...,
What s the formula for the 1 4 up...,
What is the rule for average barg...
3  cards

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Personal Tax

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