This class was created by Brainscape user Verity Russell. Visit their profile to learn more about the creator.
By:
Verity Russell
- decks
- flashcards
- learners
Decks in this class (31)
Chapter 1 - 1.1 - Sources of Tax Law
The basic rules of the uk tax sys...,
Who are tax strategies set out by,
What is the main fact about tax l...
7
cards
Chapter 1 - 1.2 - Sources of Tax Practice
What does the efficiency principl...,
What do hmrc do in terms of tax,
What are the five sources of tax ...
7
cards
Chapter 1 - 2.1 - Objectives of Tax
What does the neutrality principl...,
How has the neutrality principle ...,
What three things does the curren...
5
cards
Chapter 1 - 2.2 - Social Justice
What does the equity principle state,
What is the direct indirect princ...,
Which wing is inclined to direct ...
7
cards
Chapter 1 - 2.3 - External Influences
1
cards
Chapter 1 - 3.1 - Types of UK Tax
Define income tax,
Define national insurance contrib...,
Define corporation tax
5
cards
Chapter 1 - 3.2 - The Tax Year
When does the financial year run ...,
What entity does the financial ye...,
What entity does the tax year ref...
4
cards
Chapter 1 - 3.3 - Making Tax Digital
What is the aim of making tax dig...,
How is mtdfb being phased in righ...
2
cards
Chapter 1 - 4.1 - HMRC Responsibilities
What are the five responsibilitie...,
What can hmrc do if a taxpayer do...
2
cards
Chapter 1 - 4.2 - Compliance Checks
What are the two types of complia...,
What can hmrc conduct a complianc...,
What must hmrc do if the return i...
6
cards
Chapter 1 - 4.3 - Determinations
What can hmrc do if a tax return ...,
What condition must this determin...,
What is a determination displaced by
3
cards
Chapter 1 - 4.4 - Discovery Assessments
When can a discovery assessment b...,
What are the three time limits fo...,
For which taxes is the relevant p...
5
cards
Chapter 1 - 4.5 - Payment Support Service
What does the hmrc pss do,
How do taxpayers avoid any penalt...,
What may hmrc offer the tax payer
4
cards
Chapter 1 - 4.6 - Direct Recovery
What is the first condition that ...,
Define direct recovery,
What is the first condition that ...
6
cards
Chapter 1 - 4.7 - Appeals
What are the first two things a t...,
What are the second two things a ...,
What are the final three things a...
5
cards
Chapter 1 - 4.8 - Dishonest Conduct by Tax Agents
What is a tax agent,
What three things can hmrc do if ...,
What is the minimum and maximum p...
5
cards
---------------------------------------------------
0
cards
Chapter 10 - 1.1 - Fundamental Principles
What are the five fundamental pri...,
Where would you find the five fun...,
Integrity
8
cards
Chapter 10 - 1.3 - Confidentiality
What are the only two circumstanc...
1
cards
Chapter 10 - 2.1 - Threats to Compliance with the Fundamental Principles
What are the five threats to comp...,
What is the mnemonic to remember ...,
Self interest
7
cards
Chapter 10 - 2.2 - Safeguards against Threats
What are safeguards,
W,
What are the second three possibl...
4
cards
Chapter 10 - 3.1 - Conflict Resolution Process
What is the first step a member s...,
What is the first step a member s...,
What is the first step a member s...
4
cards
Chapter 10 - 4.1 - Threat of Conflict of Interest
Where can conflict arise between
1
cards
Chapter 10 - 4.2 - Safeguards
If a conflict on interest is iden...,
If a conflict on interest is iden...,
If a conflict on interest is iden...
9
cards
Chapter 10 - 5.1 - Tax Avoidance
What is tax avoidance,
Which is illegal tax avoidance or...,
What is the first reason why tax ...
6
cards
Chapter 10 - 5.2 - Tax Evasion
What is tax evasion,
What are the main forms of tax ev...
2
cards
Chapter 10 - 6.1 - Money Laundering
What are the three ways in which ...,
What does criminal property include,
What are accountants required to ...
4
cards
Chapter 10 - 6.2 - Procedures
What is the first anti money laun...,
What is the second anti money lau...,
What is the first anti money laun...
5
cards
Cna;
0
cards
Chapter 10 - 6.3 - Client Confidentiality
What may an accountant have to do...,
What must the accountant have to ...,
What is it an offence to do
3
cards
Chapter 10 - 6.4 - Penalties
What can happen to anyone found g...,
How many years in prison would an...,
How many years in prison would an...
4
cards
More about
Principles of Taxation
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Verity Russell's Principles of Taxation flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
TAXATION - Review
- 23 decks
- 929 flashcards
- 50 learners
Decks:
Introduction To Taxation, Transfer Taxes, Estate Tax, And more!
Taxation FA22
- 25 decks
- 825 flashcards
- 3 learners
Decks:
The Uk Tax System, Basic Income Tax Computation, Investment Income, And more!
REG Individual Taxation
- 39 decks
- 867 flashcards
- 23 learners
Decks:
Individual Taxation, Secured Transactions, Sales Law, And more!
