This class was created by Brainscape user Leonard Wt. Visit their profile to learn more about the creator.
By:
Leonard Wt
- decks
- flashcards
- learners
Decks in this class (12)
M1: Intro to Tax
Describe the structure of the uk ...,
Explain the differences between t...,
What are the main uk taxes
27
cards
M2&M3: Income Tax computation
What is the process for calculati...,
What is the personal allowance an...,
What is the easiest way to carry ...
30
cards
M4: Employment Income
When is employment income taxed w...,
What is included in the employmen...,
What is the pro forma for an empl...
13
cards
M5: Trading Income
What are the key features of a so...,
What are the key features of a pa...,
What are the key features of a co...
25
cards
M6: Capital Allowances
How is capital expenditure treate...,
What is the purpose of capital al...,
What type of expenditure qualifie...
22
cards
M7: Trading Losses
How do we calculate a tax adjuste...,
How is a trading loss shown in an...,
What is a loss memo
14
cards
M8: National Insurance
What are the different classes of...,
What nics are payable when an ind...,
What are the different hmrc payme...
14
cards
M9: CGT
What amount is subject to capital...,
What causes a chargeable gain or ...,
What are the main exempt assets
35
cards
M10: IHT
What steps must be followed to ca...,
What is included in a death estat...,
What is the rule surrounding life...
18
cards
M11: Corporation Tax
What is a company for uk tax purp...,
What period does a company pay co...,
What is the pro forma to work out...
22
cards
M12: VAT & Stamp Taxes
What is vat and how is it applied,
What are the different rates of vat,
What is output vat and how is it ...
26
cards
M13: Tax Admin
What is self assessment when does...,
When does an individual need to n...,
When does a personal tax return n...
33
cards
More about
TAX
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Leonard Wt's TAX flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
Federal tax prep
- 33 decks
- 1518 flashcards
- 50 learners
Decks:
Ch 1 Terms Wages Income And Taxes, Ch 1 Questions Wages Income And Taxes, W2 Box 12 Codes, And more!
CFP 3 Tax
- 54 decks
- 1134 flashcards
- 452 learners
Decks:
Tax 1 1 Describe Terms Related To Income, Tax 1 2 Identify The Steps In The Tax Ca, Tax 1 3 Identify Items Of Inclusion Excl, And more!
