Full Description
"Tolley's Income Tax" is the definitive work on the subject, providing comprehensive, but straightforward and concise coverage of the relevant statute law, case law and HMRC practice for not only the current year but the last six years as well.Its alphabetical, topic-organised presentation, with extensive cross-referencing, supported by full details of source materials and a wide-ranging index, will lead you quickly and directly to the information you require. Numerous fully-updated worked examples provide further clarification of the more complex points.A number of important changes in income tax law for 2008/09 have been pre-announced by Chancellors past and present: a reduction in the basic rate; the restricting of the 10 per cent starting rate to savings income only; major alterations to the availability of capital allowances on plant, machinery and buildings; and landmark changes to the taxation of individuals non-domiciled in the UK, to give but four examples. All expected to be enacted in Finance Act 2008, these and all other changes will of course be fully covered in this year's annual. This edition also includes all relevant provisions of the FA 2008.
Contents
1 Allowances and Tax Rates - Applicable to individuals; 2 Examples; 3 Anti-Avoidance; 4 Appeals; 5 Assessments; 6 Bankruptcy; 7 Banks; 8 Building Societies; 9 Capital Allowances; 10 Capital Gains Tax; 11 Cash Basis; 12 Certificates of Deposit; 13 Certificates of Tax Deposit; 14 Charities; 15 Children; 16 Claims; 17 Community Investment Tax Relief; 18 Compensation for loss of Employment (and Damages); 19 Connected Persons; 20 Construction Industry Scheme; 21 Decreased Estates; 22 Deduction of Tax at Source; 23 Diplomatic, etc. Immunity - Individuals and Organisations; 24 Double Tax Relief; 25 Enterprise Investment Scheme; 26 European Community Legislation; 27 Excess Liability; 28 Exempt Income; 29 Exempt Organisations; 30 Fraudulent and Negligent Conduct; 31 Friendly Societies; 32 Funding Bonds; 33 Government Stocks; 34 Herd Basis; 35 Inland Revenue: Administration; 36 Inland Revenue: Confidentiality of Information; 37 Inland Revenue Explanatory Publications; 38 Inland Revenue Extra-Statutory Concessions; 39 Inland Revenue Press Releases; 40 Inland Revenue Statements of Practice; 41 Interest on Overpaid Tax; 42 Interest and Surcharges on Unpaid Tax; 43 Interest Payable; 44 Interest Receivable; 45 Life Assurance Policies; 46 Losses; 47 Married Persons; 48 Medical Insurance; 49 Mineral Royalties; 50 Mutual Trading; 51 Non-residents and other Overseas Matters; 52 Offshore Funds; 53 Partnerships; 54 Patents; 55 Pay As You Earn; 56 Payment of Tax; 57 Penalties; 58 Pension Income; 59 Pension Provision after 5 April 2006; 60 Personal Pension Schemes (and Stakeholder Pensions); 61 Personal Service Companies Etc; 62 Post-Cessation Etc. Receipts and Expenditure (Trades, professions and vocations); 63 Qualifying Employee Share Ownership Trusts (QUESTs); 64 Remittance Basis; 65 Residence, Ordinary Residence and Domicile; 66 Retirement Annuities; 67 Retirement Schemes for Employees; 68 Returns; 69 Schedule A - Property Income; 70 Schedule C - Paying and Collecting Agents; 71 Schedule D, Cases I and II - Profits of Trades, Professions etc; 72 Schedule D, Case III - Interest Receivable etc; 73 Schedule D, Cases IV and V - Overseas Income; 74 Schedule D, Case VI - Miscellaneous Income; 75 Schedule E - Employment Income; 76 Schedule F - Dividends etc; 77 Scientific Research Associations; 78 Self-Assessment; 79 Self-Assessment - Key Dates; 80 Self-Employed Persons; 81 Settlements; 82 Share - Related Employment Income and Exemptions; 83 Social Security and National Insurance Contributions; 84 Statutory Bodies; 85 Stock Dividends; 86 Time Limits - Fixed Dates; 87 Time Limits - Miscellaneous; 88 Trade Unions; 89 Underwriters at Lloyd's; 90 Unit Trusts; 91 Venture Capital Trusts; 92 Vocational Training Relief; 93 Voluntary Associations; 94 Woodlands; 95 Finance Act 2003 - Summary of Income Tax Provisions; 96 Table of Leading Cases; 97 Table of Statutes; 98 Index.
