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Business Tax

This class was created by Brainscape user Darren Weir. Visit their profile to learn more about the creator.

By: Darren Weir
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Decks in this class (8)

Overlap profits
Year one basis period,
Year two basis period,
Transitional relief
3  cards
Change of accounting date
What is the 4 stage process,
What is the year of change,
Accounts prepared to 30 april 201...
5  cards
Capital Allowances
What do hmrc accept is a reasonab...,
What if an asset lasts between on...,
What facts determine if an asset ...
32  cards
Allowable expenses
A trader removes 100 worth of goo...,
A trader has services from his co...,
A sole trader spends 12 500 on re...
10  cards
Badges of trade
What are the badges of trade
1  cards
Losses
What section deals with current y...,
What is the golden rule re person...,
What sections deal with the comme...
31  cards
Partnerships
When profit sharing does interest...
1  cards
Various
What legislation section deals wi...,
What is the memory palace for emp...,
What is the memory palace for bad...
3  cards

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Business Tax

  • Class purpose General learning

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