Fully updated each year,Taxation: Policy and Practice continues to provide coverage of the UK's tax system as it has for 13 years. It is an excellent aid to support a first course in UK tax, or as a general introduction to this topic for non-UK based readers. Written in an accessible style with many examples, activities and questions throughout, this textbook gives the reader a thorough understanding of the UK's taxation principles and current practices. Fully updated and revised to include the Finance Act 2006.
Preface Section 1: The UK taxation Environment 1. The framework of UK taxation 2. Principles of taxation 3. The impact of the UK tax system Section 2: The UK Tax System 4. Personal income taxation 5. Taxing income from non-business sources 6. Business taxation 7. Capital allowances 8. Capital taxes 9. Corporation tax 10. Value added tax 11. Tax planning 12. International tax Appendices: Appendix A: Tables of tax rates and allowances Appendix B: Recent UK Budget Summaries Glossary Suggested solutions to questions Index of cases Subject index
