Taxation - Em's Notes Flashcards

Decks in this Class (10):

• Income Tax

  Income Tax

  Sample Cards:

  this is determined by the statutory test,

  this is a question of fact and the perma,

  in the statutory residence test what is
  37 Cards
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• Investment Income

  Investment income

  Sample Cards:

  an individual is taxed on the _______ am,

  which interest is received gross,

  what is the annual subscription limited
  5 Cards
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• Property Income Topic 4

  Property Income (topic 4)

  Sample Cards:

  what is the default basis from property,

  what is the basic calculation of profit,

  expenditure is allowable if it is ______
  20 Cards
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• Employment Income

  Employment income

  Sample Cards:

  what are allowable deductions for employ,

  approved mileage allowance payments 10 0,

  what are tax exempt benefits 14 listed h
  16 Cards
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• Pensions

  Pensions
  0 Cards
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• Self Employment

  Self Employment

  Sample Cards:

  what are the badges of trade,

  what is the pro forma for tax adjusted t,

  under capital expenditure is depreciatio
  20 Cards
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• Capital Gains Tax

  Capital Gains Tax

  Sample Cards:

  which three things do we need to have a,

  who is a chargeable person,

  what qualifies as a chargeable disposal
  77 Cards
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• Vat

  VAT

  Sample Cards:

  which two types of registration are ther,

  for compulsory registration what is the,

  which two tests help define whether or n
  35 Cards
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• Vat Admin And Overseas Aspects

  VAT Admin and overseas aspects

  Sample Cards:

  what are the three types of schemes for,

  what is the maximum taxable turnover to,

  at what point must you leave the cash or
  17 Cards
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• Losses

  Losses

  Sample Cards:

  what are the opening year rules for a so,

  what are the opening year rules for loss,

  capital losses for a sole trader can be
  15 Cards
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