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Ian howes
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Decks in this class (21)
Terminology
Employment status of 1 sole trade...,
What is meant by trading income,
What is meant by net profit
8
cards
Dates To Remember
All years in flash cards refer to...,
By what date does the p11d need t...
2
cards
Income Tax
Tax year,
What are two benefits of being se...,
Whose responsibility is it to det...
35
cards
Benefit In kind
How are in house employee benefit...,
Which four in house employee bene...,
How are you taxed when using an e...
25
cards
National Insurance
Explain the classes of ni who pay...,
During what ages are ni paid for ...,
Ni is paid on assets that can eas...
29
cards
Capital Gains Tax
What is the difference between va...,
If a disposal is subject to incom...,
How do you establish if income or...
42
cards
Inheritance Tax
For iht calculations when is an i...,
1 what assets are liable to iht f...,
When might the reduction in value...
25
cards
CGT and IHT Reliefs
List the 6 cgt reliefs,
List the 3 iht reliefs,
What do iht reliefs do
13
cards
Trusts
What type of ownership does a tru...,
What type of ownership does a ben...,
What is the person setting up a t...
15
cards
Types of Trusts and Terminolgy
Protector,
Silent investment powers,
Absolute interest
27
cards
Taxation of Trusts
Does the taxation of trusts impac...,
Trustees are jointly liable for s...,
What is the tax position if a set...
20
cards
Power of Attorney
What legal document is used to se...,
What cant an attorney do,
What are the requirements to set ...
23
cards
Wills
A will is a legal declaration mad...,
What are the benefits of making a...,
Can an executor be a beneficiary
29
cards
Bankruptcy
What is insolvency,
How can creditors or individuals ...,
What is the affect of being made ...
22
cards
Residency & Domicile
Cgt also applies to gains made on...,
Is cgt charged on overseas assets,
How is domicile established
7
cards
Property
Furnished holiday let,
Rent a room relief,
How is income from property taxed...
6
cards
Pensions and Investments
Who can contribute to a pension,
What are the contribution limits ...,
How are pension funds taxed on de...
15
cards
Self Assessment
0
cards
Tax Calculations
0
cards
State Benefits
Must cover taxation of state bene...
1
cards
Case Law
Hall v lorimer 1993,
Pepper v heart,
Lloyds tsb bank plc antrobus dece...
3
cards
More about
CII AF1
- Class purpose General learning
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