Read e-book online Introduction to Business Taxation, Finance Act 2004, First PDF

By Christopher Jones

ISBN-10: 0750666390

ISBN-13: 9780750666398

Show description

Read Online or Download Introduction to Business Taxation, Finance Act 2004, First Edition PDF

Best economy books

Read e-book online Exotic Option Pricing and Advanced Lvy Models PDF

For the reason that round the flip of the millennium there was a common recognition that one of many simpler advancements one might make within the gentle of the shortfalls of the classical Black-Scholes version is to switch the underlying resource of randomness, a Brownian movement, by means of a Lévy procedure. operating with Lévy techniques permits one to catch fascinating distributional features within the inventory returns.

Read e-book online The International Mobility of Talent: Types, Causes, and PDF

Marketers, technical specialists, pros, overseas scholars, writers, and artists are one of the so much hugely cellular humans within the worldwide financial system this day. those proficient elite frequently originate from constructing international locations and migrate to business economies. Many go back domestic with new rules, reports, and capital worthy for nationwide improvement, while others stay to supply caliber items and companies which are necessary all around the international economic climate.

Download e-book for iPad: A Primer on Islamic Finance by Bala Shanmugam

This straightforward yet complete creation to Islamic finance is reader pleasant and broad in scope. It covers the elemental techniques, markets, items, and problems with Islamic finance and indicates the various nature of Shari'a criteria in numerous international locations.

Extra info for Introduction to Business Taxation, Finance Act 2004, First Edition

Example text

Costs of travelling from home to work are not allowed as a deductible expense for self-employed individuals as they are not incurred for the purposes of the trade. However, the dentist would stop off at the lab on his way to work to pick up bits and pieces of equipment he required to insert into his patients’ mouths. He then drove on to the surgery. The dentist argued that the costs of travel between the lab and the surgery were allowed, effectively saying that his work started on reaching the lab.

The company had incurred the costs in its capacity as a taxpayer, not in its capacity as a trader. Therefore the costs did not relate specifically to its trade. Following on from this case, the Revenue will not accept a deduction for the cost in preparing an individual’s personal tax return even though the return will include details of the trader’s DI income. This is because the cost is being incurred in the individual’s capacity as a taxpayer, not in his capacity as a trader. So how do we treat accountancy fees levied for dealing with a tax enquiry?

This is VAT which the trader is unable to claim back for various reasons - this will become clearer once you have studied the VAT part of your course. s. 1(2)(a) s.. 2 Definition of “Plant and Machinery” The definition of plant and machinery is found in the Capital Allowances Act of 2001 (CAA 2001). There is also a significant body of case law discussing what is and what is not plant. s. 21s. 33 CAA 2001 defines what is non-qualifying expenditure. Therefore if an item is not within the non-qualifying expenditure, by elimination it is likely to be regarded as plant.

Download PDF sample

Introduction to Business Taxation, Finance Act 2004, First Edition by Christopher Jones

by Christopher

Rated 4.11 of 5 – based on 44 votes