Taxation: Finance Act 2024

Alan Melville

• 16 augustus 2024
• 9781292730370

Samenvatting:

The best-selling Taxation is now in its 30th edition, providing a clear understanding of the tax rules and policies in the UK for 2024. With its comprehensive coverage of the changes introduced by the annual Budget, as well as well-structured layout and updated content, this is the most essential core text for students studying the subject.

Taxation, 30th edition by Alan Melville is the definitive text on UK taxation and is thoroughly updated with the Finance Acts 2024. Praised for its comprehensive coverage of the taxation changes introduced by the annual Budget, the text is clean and well-structured, with a wealth of updated exercises and worked examples. This practical guide serves as a core textbook for those studying taxation for the first time and a reference text that explains the UK tax system and taxation regulations.

This new edition brings the book completely up to date, covering major taxation changes including:

• Simplification of MTD for income tax
• Changes to the high income child benefit charge
• Abolition of the furnished holiday lettings regime
• Default cash basis for unincorporated businesses
• Abolition of the pensions lifetime allowance
• Reduction in rates of NICs (Classes 1 and 4)
• CGT annual exemption reduced
• Reduction in CGT rate on residential property
• Corporation tax full expensing made permanent
• Merged R&D tax relief scheme
• Increase in the VAT registration threshold
• Abolition of the 'non-dom' rules

This text will be of value to both undergraduate and graduate students of accounting and finance, and will be particularly useful for students preparing for the following examinations:

ICAEW Certificate Level, Principles of Taxation; ACCA Applied Skills Level, Taxation; ACCA Technician Scheme, Foundations in Taxation; CIPFA PQ, Taxation; CIPFA PAQ, Tax and Law; AAT Professional Diploma, Personal Tax and Business Tax; ATT Certificates, Personal Taxation and Business Taxation; AIA Professional Level 1, Taxation; IFA Personal Taxation, Business Taxation.

Additionally, a free-to-access Companion Website features opportunities for extra practice, chapter appendices and a range of useful links to explore UK taxation rules and the tax system further.

Taxation, 30th edition by Alan Melville, updated with the Finance Acts 2024, is the definitive, market-leading text on UK taxation. Known for its comprehensive coverage of the changes introduced by the annual Budget, the text is clean and well-structured, with a wealth of updated examples and exercises. This popular guide serves as both a core textbook for those studying taxation for the first time, and as a reference text that clearly explains the UK tax system and taxation regulations.

This new edition brings the book completely up to date, covering major taxation changes including:

• Further delays to MTD for income tax
• Income tax higher rate limit reduced
• Dividend allowance reduced
• Basis period rules for 2024-25
• Spreading of transition profits
• AIA £1m limit made permanent
• Pensions tax relief reforms
• CGT annual exemption reduced
• Corporation tax full expensing
• R&D tax relief reforms
• Investment zones
• VAT aspects of Windsor Framework

This text will be of value to both undergraduate and graduate students of accounting and finance, and will be particularly useful for students preparing for the following examinations:

ICAEW Certificate Level, Principles of Taxation; ACCA Applied Skills Level, Taxation; ACCA Technician Scheme, Foundations in Taxation; CIPFA PQ, Taxation; CIPFA PAQ, Tax and Law; AAT Professional Diploma, Personal Tax and Business Tax; ATT Certificates, Personal Taxation and Business Taxation; AIA Professional Level 1, Taxation; IFA Personal Taxation, Business Taxation.

Additionally, a free-to-access Companion Website features opportunities for extra practice, chapter appendices and a range of useful links to explore UK taxation rules and the tax system further.

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