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Louis Paterson
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Decks in this class (24)
Corporate Chargeable Gains
What are the main exemptions for ...,
What is a tax year for corporations,
When is a corporations due date o...
10
cards
Chapter 26 - Corporation Tax Losses
When is relief allowed against to...,
Loss relief on farming companies,
Carried back in the case of cessa...
7
cards
Chapter 27 - Close Companies
What is a close company,
When is a person deemed to have c...,
What is a participator
9
cards
Inheritance Tax
What are the rates of inheritance...
1
cards
Chapter 1 - Income Tax and NI
Tax year for individuals,
Tax year for companies,
When does self assessment take place
7
cards
Chapter 2 - Introduction to Income Tax
Income exempt from income tax,
Exempt from employment income,
Exempt from property income
6
cards
Chapter 3 - Personal Allowances
What is the blind persons allowance,
Tax reducers born before 1935,
Income limit for basic personal a...
8
cards
Chapter 4 - Payments and gifts eligible for tax relief
What payments and gifts are deduc...,
What are the 5 eligible interest ...,
Limits on eligible interest payments
8
cards
Chapter 5 - Income from property
What are the main 4 classes of pr...,
When is property treated as earne...,
Types of expenditure likely to be...
7
cards
Chapter 6 - Income from Savings and Investments
Test of taxpayers employment stat...,
Criteria to distinguish between t...,
Non taxable employment income
7
cards
Chapter 8 - Income from employment (2)
Main conditions of trivial benefi...,
If trivial benefits are provided ...,
What is the fair bargain rule
13
cards
Chapter 9 - Income from self employment: Computation of income
What are the badges of trade 6,
Deductibility of expenditure 2,
Explain the case of strong co of ...
14
cards
Chapter 11 - Income from self-employment: Capital Allowances
Eligible expenditure 5,
Case defining plant and machinery,
Different between assets with car...
14
cards
Chapter 12 - Income from self-employment: Trading Losses
What are the reliefs for trading ...,
Notes about carry forward loss re...,
Limitations of trade loss carried...
9
cards
Chapter 17 - Introduction to capital gains tax
When might a capital gains tax cg...,
The following are not chargeable ...,
Assets exempt from cgt 14
6
cards
Chapter 18 - Computation of Gains and Losses
Disposal value,
Allowable expenditure,
Small part disposals of land
4
cards
Chapter 19 - Chattels and wasting assets
What is a chattel,
What is a wasting asset,
What are wasting assets
3
cards
Chapter 21 - Principal private residence
What is a principal private resid...,
Points relevant to complex cases ...,
Partial exemption
5
cards
Chapter 22 - CGT Reliefs
Circumstances by which a part dis...,
What is regarded as small,
Main effects of roll over relief
8
cards
Chapter 23 - Introduction to corporation tax
In corporation tax note what are ...,
What is the difference between an...,
How does the corporation tax act ...
16
cards
Chapter 25 - Computation and payment of the corporation tax liability
Payment by instalments,
What is a very large company
2
cards
Chapter 26 - Corporation tax losses
0
cards
Chapter 31 - Inheritance tax
What is the main situation where ...,
What is a disposition,
What dispositions are not regarde...
7
cards
Chapter 29 VAT
What is the principle of vat,
When is uk vat chargeable,
When does a supply of goods occur
3
cards
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Taxation
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