With the level of changes made to the tax legislation by the Finance Act 2015 and Finance No.2 Act 2015, it is important to have access to the latest information and most up-to-date version of the law.
Taxmagic provides this information in a simple, easy to read manner. Whether you are an accountant, solicitor, financial consultant, business owner or a high earner individual, TaxMagic is invaluable to you and your business. Packed with practical tips and traps to avoid TaxMagic can help you to cut your tax bill.
Entrepreneurs’ relief offers a valuable reduction in the capital gains tax payable on disposal of businesses and of shares in trading companies. Individuals can shelter lifetime gains of up to £10 million.
This concise new book, which also includes a brief chapter explaining the new rules for investors’ relief, is clearly written and attractively presented. The text is divided up according to the person making the disposal with (for example) separate chapters for shareholders and for sole traders. The book is aimed mainly at those new to the relief, or those who need a practical reminder of the essentials.
The book is written by Stephanie Churchill CTA (Fellow), TEP.
“This book is a slim volume and an easy read. It is a very good introduction to the topic for the beginner and also a very useful refresher for those who have some experience but who do not deal with entrepreneurs’ relief every day.” TAXline – August 2017
The topic of VAT registration may seem very straightforward, but in reality it can be contentious and difficult.
This concise book deserves a place on the shelf of every business tax adviser. In offering an array of practical advice in relation to VAT registration issues as such, the book also covers a range of related VAT topics, and will quickly earn its keep by saving research time and helping to avoid VAT pitfalls.
A clear guide to the procedures involved in taking a case to the Tax Chamber at the First-tier Tribunal, written by an experienced barrister who appears frequently in the Tax Chamber and the higher Courts.
On the one hand, the book provides detailed technical analysis of the legalities underpinning the tax appeals process. On the other, it offers guidance on procedural matters and on such practical issues as dress code, the typical layout of the room and the order in which the parties speak.
A comprehensive guide to the options for relieving tax losses, written by Katherine Ford BCom FCCA CTA.
The book covers income tax, CGT and CT losses, all illustrated with plenty of worked examples. Coverage of the new corporation tax loss rules is at an overview level.
“A comprehensive but manageable guide to tax losses.” – TAXline
Katherine is the manager of the direct tax telephone advice team at Abbey Tax Protection. The author’s practical experience is evident throughout the book, making it much more than just a statement of the law.
Capital allowances can be complex, and the cost of handling the allowances incorrectly can be very high, especially since the amended rules for fixtures came fully into effect from April 2014.
This book provides detailed and practical guidance on key topics, including fixtures in property, annual investment allowances, special rate expenditure, short-life assets, etc. Other allowances, including R&D allowances and BPRAs, are also covered in depth.
A short, less technical book aimed primarily at the business proprietor rather than at his or her professional advisers (but also suitable for non-specialist advisers).
The text provides an overview of the capital allowances issues that owners of commercial properties need to consider – especially when buying or selling property. The book explains how to obtain and secure the tax savings for expenditure on “fixtures” – and warns of how to avoid costly errors when seeking professional advice in relation to capital allowances. It consolidates the information previously provided in three separate titles: Capital Allowances for Care Homes; Capital Allowances for Dentists; Capital Allowances for Hotels, Pubs and Restaurants.
Analysing expenditure for capital allowances claims can be time-consuming and difficult. Across more than 280 topics, this practical book, in A-Z format, provides clear, authoritative explanations as to what qualifies for plant and machinery allowances in given circumstances.
Each entry includes appropriate statutory and case law references, together with HMRC guidance and the authors’ personal commentary, based on their practical experience of advising businesses on capital allowances over many years.
This detailed, clearly written guide to the familiar CGT relief offers fresh commentary on a topic that is familiar to many tax advisers but that contains numerous pitfalls for the unwary.
With full reference to appropriate legislation (including recent changes) and relevant case law, the principles are illustrated with real-life scenarios and planning points.
A practical guide to dealing with the requirements of the Construction Industry Scheme, based on years of experience gained by the author in representing clients, liaising with HMRC and working in the construction industry.
The book complements and expands upon HMRC’s publication CIS 340. It includes observations on the CIS consultation held by HMRC in 2014 and the summary of responses issued thereafter.