Product details
Biographical note
Alan Melville FCA, BSc, Cert. Ed. is a best-selling author. Previously a Senior Lecturer at Nottingham Trent University, he has many years' experience of teaching taxation, accounting and financial reporting.
Taxation, 28th Edition,by Melville, updated with the Finance Act 2022, is the definitive, market-leading text on UK taxation, known for its comprehensive coverage of the changes introduced by the annual Budget 2021 and Spring Statement 2022. This widely popular guide features clear, well-structured content and a wealth of new and revised practical examples and exercises. It serves both as a core textbook if you are studying taxation for the first time, and a reference text that clearly explains the UK tax system and taxation regulations. The new edition brings the book completely up to date with taxation changes, including:
- Increases in rates of NICs and dividend tax
- Health and Social Care Levy
- Basis period reform
- AIA of £1m extended for 15 months
- CGT reporting deadline for residential property
- Employment allowance raised
- Reintroduction of CT marginal relief
- Abolition of cross-border group relief
- VAT zero rate on energy-saving materials
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.
This edition also includes a Companion Website featuring opportunities for extra practice, chapter appendices, and a range of useful links that further explore UK taxation rules and the tax system.
Pearson, the world's learning company.
Taxation, 28th Edition, by Melville, updated with the Finance Act 2022, is the market-leading text on UK taxation, known for its comprehensive coverage of the changes introduced by the annual Budget 2021 and the Spring Statement 2022.
- Introduction to the UK tax system
- Introduction to income tax
- Personal allowances
- Payments and gifts eligible for tax relief
- Income from property
- Income from savings and investments
- Income from employment (1)
- Income from employment (2)
- Income from self-employment: Computation of income
- Income from self-employment: Basis periods
- Income from self-employment: Capital allowances
- Income from self-employment: Trading losses
- Income from self-employment: Partnerships
- Pension contributions
- Payment of income tax, interest and penalties
- National Insurance contributions
- Introduction to capital gains tax
- Computation of gains and losses
- Chattels and wasting assets
- Shares and securities
- Principal private residence
- CGT reliefs
- Introduction to corporation tax
- Corporate chargeable gains
- Computation and payment of the corporation tax liability
- Corporation tax losses
- Close companies and investment companies
- Groups of companies and reconstructions
- Value added tax (1)
- Value added tax (2)
- Inheritance tax
- Overseas aspects of taxation
- Practical approach to explain principles and use relevant examples that help students make sense of real taxation issues
- Class tested with university undergraduates and professional students.
- Over 250 worked examples get students thinking, chosen to highlight the most necessary points in each chapter.
- Review questions from past examination papers of professional accounting bodies help students apply what they are learning.
- Annually updated:The title is updated every year and published well in advance of the start of the academic year.
- Instructor's resources: An instructo's manual and PowerPoint slides are available for lecturers to complement the main texts.
- Delayed introduction of MTD for income tax.
- Health and Social Care Levy.
- Increases in rates of NICs and dividend tax.
- NICs thresholds raised.
- Employment allowance raised.
- Basis periods reform.
- AIA of £1m extended for 15 months.
- Delayed late filing and late payment penalties.
- CGT reporting deadline (residential property).
- Reintroduction of CT marginal relief.
- Abolition of cross-border group relief.
- VAT zero rate on energy-saving materials.
Product details
Biographical note
Alan Melville FCA, BSc, Cert. Ed. is a best-selling author. Previously a Senior Lecturer at Nottingham Trent University, he has many years' experience of teaching taxation, accounting and financial reporting.