This class was created by Brainscape user Sami Mustafa. Visit their profile to learn more about the creator.
By:
Sami Mustafa
- decks
- flashcards
- learners
Decks in this class (22)
Chapter 1 - UK Tax
Types of tax,
Direct vs indirect,
Indirect tax
8
cards
Chapter 2 - Income Tax Computation
Basic proforma,
Non savings income,
Investment income
16
cards
Chapter 2 - Revision
Reduction of pa,
P,
Marriage allowance pa transfer
7
cards
Chapter 3 - Investment Income
Starting rate,
Tax income computation,
Nil rate bands
8
cards
Chapter 4 - Property Income
Property income,
Tax relief on interest,
Allowable expenses property
11
cards
Chapter 5 - EP'T Income - Exempt Benefits, Living Accom
Employment vs self employment,
Tax advantages of self employment,
Employment income proforma
16
cards
Chapter 5 - EP'T Income - Company Cars, Vans, Loans
Taxable benefit company car,
List price,
Appropriate percentage petrol car...
14
cards
Chapter 6 - Pensions
Amount of contribution,
What does maximum amount of relie...,
Extension of tax bands ppcs
11
cards
Chapter 7 - Self Employment Income (Allowable vs Disallowable)
Indication of trading badges of t...,
Adjusting accounting profit,
Pro forma tax adjusted trading pr...
22
cards
Chapter 9 - Partnerships
Proforma,
Changes to profit sharing ratio p...
2
cards
Chapter 8 - Capital Allowances
Purpose of capital allowances,
Who can claim capital allowances,
What qualifies as plant machinery
21
cards
Ch10 - Trading Losses for Individuals
Carrying forward of loss,
If no election is made,
Capital gains tax proforma
11
cards
CH11 - National Insurance
Class 1 employee nic,
Class 1 employer nic,
Gross earnings whats included and...
8
cards
CH12 - Tax Admin for Individuals
Poa reason,
Self assessment poa is only requi...,
Poa proforma
5
cards
CH13 - Corporation Tax
Period of account vs accounting p...,
Tax residence of an incorporated ...,
Total taxable profit proforma
14
cards
CH14 - Losses for Companies
Carry forward relief,
Current year relief,
Current and prior
12
cards
CH15 - Group Relief
Control is defined as,
Implications of association,
Dividends from association compan...
10
cards
Ch16 - Tax Admin for Companies
Filing date self assessment,
Payment date,
Notification of chargeability
10
cards
Ch17 - Gains Computation and CGT
Chargeable disposals,
Exempt disposals,
Chargeable assets
12
cards
CH18 - CGT - Special Rules
Transfer between spouses and civi...,
Reason for transferring between s...,
Part disposal
15
cards
CH19 - Shares and Securities for Individuals - CGT
Exempt securities,
Valuation of quoted shares,
Identification of shares sold how...
9
cards
CH20 - Individual Relief
Prr private residence relief comp...,
Prr periods of occupation,
Owning more than one residence
31
cards
More about
Taxation
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Sami Mustafa's 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
- 59 learners
Decks:
Introduction To Taxation, Transfer Taxes, Estate Tax, And more!
Taxation FA22
- 25 decks
- 825 flashcards
- 5 learners
Decks:
The Uk Tax System, Basic Income Tax Computation, Investment Income, And more!
REG Individual Taxation
- 39 decks
- 867 flashcards
- 22 learners
Decks:
Individual Taxation, Secured Transactions, Sales Law, And more!
