What is unique about this book?
This book is written in a user-friendly manner. It intersperses numerous examples throughout the text designed to illustrate particular points. Complex jargon is avoided. Simple English is used.
This book also assumes absolutely no prior knowledge about UK taxation whatsoever.
How to use this book and how to study tax This book covers the five main UK taxes, namely, income tax (paid by individuals), capital gains tax (paid by individuals), corporation tax (paid by companies), value added tax (levied on consumers by businesses) and inheritance tax (normally payable on the death of an individual). National Insurance Contributions are also included.
Although this book is primarily aimed at students studying at undergraduate level, these are the taxes which typically form the core of the syllabuses for most of the UK’s professional examinations in taxation such as those of the ACCA, AAT and perhaps for AAT.
Preferably, the student coming to tax for the first time should read each of the chapters in the order in which they have been written.