BUS167 - Principles of Taxation

This class was created by Brainscape user Michael Agwu. Visit their profile to learn more about the creator.

Decks in this class (16)

Seminar 1
What are the types of tax in the uk,
What are the two types of tax,
What is the purpose of taxes
41  cards
Seminar 2
What is the personal allowance fo...,
What is the personal allowance fo...,
Hmrc
15  cards
Seminar 3
How is employment income assessed,
What are the two ways income is d...,
What are various forms of employm...
37  cards
ACCA 'Benefits' Reading Notes
How is the basic benefit of emplo...,
How is additional benefit of a pr...,
How is the cost of the property c...
19  cards
Seminar 4
Are capital contributions reduced...,
How are monthly payments towards ...,
Trade
41  cards
Seminar 4 Continued
List some badges of trade,
What must happen to accounting wh...,
Deductible allowable expenses are
44  cards
Seminar 5
Is depreciation an allowable expe...,
What are capital allowances,
Capital expenditures and deprecia...
31  cards
Seminar 6
Income tax runs from what date to...,
Do most businesses run their acco...,
Generally on what basis are self ...
21  cards
Partnerships
How are partners in a partnership...,
Is current year basis or actual b...,
Do opening closing rules apply to...
10  cards
Tax Codes
If marriage allowance occurs how ...,
If total allowances total deducti...,
If total allowances total deducti...
6  cards
Self Assessment for Individuals
When are tax return filing dates,
When are tax payments due,
When must individuals submit noti...
4  cards
Seminar 7
Nic s,
Who pays nic s,
What are nics used for
33  cards
Seminar 8
Cgt,
When does cgt arise,
When does cgt apply
34  cards
Seminar 9
Is a company a separate legal person,
Who pay uk corporation tax,
What qualifies a company as being...
56  cards
Seminar 10
What is vat,
Who are required to charge vat,
When selling goods services to cu...
64  cards
Seminar 10 - Self-Study Topic VAT
What is the period covered by vat...,
Normally how long is the vat period,
In what instance will hmrc allow ...
34  cards

More about
BUS167 - Principles of Taxation

  • Class purpose General learning

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