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Raquelle North
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Decks in this class (47)
1 - Income Tax (A)
A Types of income
22
cards
1 - Income Tax (B & C)
B Deduction of tax
C Total income and the amount on which tax is calculated
4
cards
1 - Income Tax (D)
D Interest payments
9
cards
1 - Income Tax (E)
E Charitable gifts
16
cards
1 - Income Tax (F)
F Pension payments
10
cards
1 - Income Tax (G)
G Taxation of employee benefits
38
cards
1 - Income Tax (H)
H Personal allowances
16
cards
1 - Income Tax (I)
I Calculating the income tax charge
4
cards
1 - Income Tax (J)
J Income tax and families
11
cards
1 - Income Tax (K)
K Student loans
6
cards
1 - Income Tax (L)
L Income tax and trusts
31
cards
1 - Income Tax (Self-Test Questions)
What are the main acts containing...,
Under what legislation are a self...,
To what date or dates may propert...
13
cards
2 - National Insurance Contributions (A & B)
A Classes of NICs and Directors
B Employees – Class 1
56
cards
2 - National Insurance Contributions (C)
Self-Employed People – Classes 2 and 4
14
cards
2 - National Insurance Contributions (D, E & F)
D Annual Maximum Contributions
E Voluntary Contributions – Class 3
F NIC Planning
10
cards
2 - National Insurance (Self-Test Questions)
Does an employee have to pay nati...,
What are the rates of employees nics,
What are the weekly primary contr...
12
cards
3 - Capital Gains Tax (A & B)
A Disposals
B Disposal consideration and valuation
13
cards
3 - Capital Gains Tax (C)
C Assets subject to capital gains tax and exemptions
32
cards
3 - Capital Gains Tax (D)
D Calculation of the capital gain
13
cards
3 - Capital Gains Tax (E & F)
E Calculation of the tax and F Reliefs
35
cards
3 - Capital Gains Tax (G & H)
Disposals of shares or units in u...,
Why do disposals need to be ident...,
Which shares are included in the ...
18
cards
3 - Capital Gains Tax (I)
I Capital gains tax and trusts
21
cards
3 - Capital Gains Tax (Self-Test Questions)
What is the base date for cgt,
What is the broad definition of d...,
Can capital gains tax cgt on a sa...
15
cards
4 - Inheritance Tax (B)
B Lifetime transfers and transfers on death
57
cards
4 - Inheritance Tax (A)
A Basic principles of inheritance tax
29
cards
4 - Inheritance Tax (C)
C Reliefs
22
cards
4 - Inheritance Tax (D & E)
D Gifts with reservation
E Pre-owned assets tax
26
cards
4 - Inheritance Tax (F & G)
F Valuation of the transfer
G Liability to inheritance tax
17
cards
4 - Inheritance Tax (H)
Which finanical planning tool cou...,
If you make a gift into trust and...,
What is the main purpose of a lif...
35
cards
4 - Inheritance Tax (Self-Test Questions)
Self-test questions from study text
14
cards
Chapter 5 - Residence and Domicile
Describe the difference between r...,
What are the 3 parts to the statu...,
Under which 3 circumstances is so...
38
cards
6 - Self-Assessment and Tax Mitigation
What taxes are paid via self asse...,
Which type of people may use self...,
What is the high income child ben...
81
cards
7 - Stamp Duties
How is sdlt paid for and who pays it,
What is the effective date of the...,
What is the sdlt treatment for pr...
24
cards
8 - VAT and Corporation Tax (A)
A Value added tax (VAT)
49
cards
8 - VAT and Corporation Tax (B)
B Corporation tax
37
cards
9 - Direct Investments (A)
A Cash deposits and fixed-interest securities
27
cards
9 - Direct Investments (B)
B Shares
9
cards
9 - Direct Investments (C)
C Property
36
cards
10 - Indirect Investments (A & B)
A Tax wrappers
B Registered pension schemes
25
cards
10 - Indirect Investments (C)
Define a protected or guaranteed ...,
Why are,
With a protected or guaranteed st...
8
cards
10 - Indirect Investments (D)
Isas are open ended investment pl...,
Isa managers must be hmrc approve...,
Isa investors can be non uk resid...
34
cards
10 - Indirect Investments (E & F)
If you buy units in a unit trust ...,
Which are open and closed ended 1...,
Are gains on the disposal of unit...
13
cards
10 - Indirect Investments (G)
G UK (onshore) life assurance policies
35
cards
10 - Indirect Investments (K)
K EIS and SEIS
27
cards
10 - Indirect Investments (L)
L Venture capital trusts
16
cards
11 - Tax in the Financial Affairs of Individuals and Trusts
Why might it be suitable to choos...,
Broadly what s the general tax pl...,
Promoters of tax avoidance scheme...
49
cards
Calculations Only
Income taxmichael a sole trader s...,
Priya makes a net charitable dona...,
Abdul is aged 20 and uses part of...
66
cards
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R03 Personal Taxation 2023/24
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