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Carina Gardiner
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Decks in this class (20)
Introduction to tax system
What are direct taxes 1,
What are indirect taxes 2,
What is the period for the tax ye...
19
cards
Employment income
What is the main advantage of bei...,
When is an amount treated as rece...,
When is an amount treated as reic...
8
cards
Taxable benefit
Is job related accom taxed under ...,
3 rules for what is considered jo...,
How is the taxable benefit calcul...
22
cards
Pensions
What is the maximum tax relievabl...,
What kind of taxable benefit can ...,
What kind of taxable benefit can ...
13
cards
Property Income
When can you use the cash basis f...,
Is a rental deposit treated as in...,
3 examples of deductible property...
11
cards
Capital allowances
When are plant and machinery allo...,
What is wda 2,
What is the rate of wda 3
14
cards
Incorrect questions
What is the late payment fee for ...,
What is the profit threshold for ...,
When does a large company have to...
58
cards
Trading income
What period is a trader assessed ...,
What is the commencement of the f...,
What is the second year tax rules...
11
cards
Chargeable gains
How do chargeable gains arise 1,
3 types of chargeable disposals 2,
What are exempt disposals 3
21
cards
Chattels
What is a chattel 1,
What is the expected life of a ch...,
What is the treatment of a chatte...
14
cards
Business reliefs
When can individuals claim entrep...,
What does the relief cover 2,
What kind of limit is the 10 mill...
10
cards
Shares and securities
How do you calculate gain on gift...,
What is the order of disposals of...,
How does the share pool aggregate...
4
cards
Self assessment and payment of tax
When do you need to tell hmrc you...,
When must paper returns be filed ...,
When must electronic returns be f...
18
cards
Inheritance tax
When does a charge to iht tax ari...,
How much is exempt from tax as a ...,
How much is exempt from tax as a ...
32
cards
National insurance contributions
Who makes class 1 contributions 1
1
cards
computing taxable total profits and chargeable gains
What kind of companies have to pa...,
Do you deduct dividends paid from...,
Do you include dividends received...
16
cards
Losses
How can you use losses to relieve...,
Why would you use current year an...,
What order are capital losses rel...
14
cards
Groups
To be a 75 of a sub what must you...,
Can you surrender your trading lo...,
What can you carry forward 3
5
cards
VAT
4 examples of exempt vat products 1,
4 examples of zero rated vat 2,
What is the vat fraction 3
27
cards
Information systems
5 benefits of information systems 1,
3 costs associated with informati...,
3 types of information costs 3
31
cards
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Tax
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