{"product_id":"taxation-of-small-businesses-2022-2023-9781913507312","title":"Taxation of Small Businesses: 2022\/2023","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cem\u003eThe Taxation of Small Businesses 2022-23\u003c\/em\u003e is a practical guide to all aspects of direct taxation of small businesses in one volume. It is ideal for sole practitioners and small partnerships, but will be a handy reference guide for all tax advisers. The book aims to give a clear explanation of the relevant legislation and practical advice on ways of minimising clients' tax liabilities and warning against common pitfalls. \u003cp\u003eThe fifteenth edition has been updated to incorporate changes as a result of the Finance Act 2022.  The tax advantages of incorporating a small business need weighing up carefully, and business owners need to decide whether or not the advantages outweigh the additional burden of compliance.\u003c\/p\u003e \u003cp\u003eMajor topics covered by the book include: taxation of business profits; taxation of employment; corporation tax; national insurance; capital gains tax; inheritance tax; and pensions.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003ePreface\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eAbout the author\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eContents\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eList of abbreviations\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 1. Income Tax Computation\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e1.1. Aggregation of Taxpayer's Income\u003c\/li\u003e\n\u003cli\u003e1.2. Interest\u003c\/li\u003e\n\u003cli\u003e1.3. Limit on Deductions from Adjusted Net Income\u003c\/li\u003e\n\u003cli\u003e1.4. Payments to Charities\u003c\/li\u003e\n\u003cli\u003e1.5. Personal Allowances Deducted from Net Income\u003c\/li\u003e\n\u003cli\u003e1.6. Computation of Tax\u003c\/li\u003e\n\u003cli\u003e1.7. Tax Reducers\u003c\/li\u003e\n\u003cli\u003e1.8. Tax Retained on Interest, Royalties and Gift Aid donations\u003c\/li\u003e\n\u003cli\u003e1.9. Comprehensive Example\u003c\/li\u003e\n\u003cli\u003e1.10. Death and Separation\u003c\/li\u003e\n\u003cli\u003e1.11. Married Couples – Joint Property\u003c\/li\u003e\n\u003cli\u003e1.12. Minor Children\u003c\/li\u003e\n\u003cli\u003e1.13. High Income Child Benefit Charge\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 2. Taxation of Trading Income\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e2.1. Introduction\u003c\/li\u003e\n\u003cli\u003e2.2. Statutory Definitions of Trading\u003c\/li\u003e\n\u003cli\u003e2.3. Statutory Trades\u003c\/li\u003e\n\u003cli\u003e2.4. Case Law\u003c\/li\u003e\n\u003cli\u003e2.5. Gambling and Speculation\u003c\/li\u003e\n\u003cli\u003e2.6. Illegal Activities\u003c\/li\u003e\n\u003cli\u003e2.7. Individuals Trading in Shares\u003c\/li\u003e\n\u003cli\u003e2.8. Definition of Trading – National Insurance\u003c\/li\u003e\n\u003cli\u003e2.9. Mutual Trading\u003c\/li\u003e\n\u003cli\u003e2.10. Election to Use Cash Basis\u003c\/li\u003e\n\u003cli\u003e2.11. Capital and Revenue Receipts\u003c\/li\u003e\n\u003cli\u003e2.12. Receipts not Received in Course of Trade\u003c\/li\u003e\n\u003cli\u003e2.13. Other Receipts\u003c\/li\u003e\n\u003cli\u003e2.14. Capital and Revenue Payments\u003c\/li\u003e\n\u003cli\u003e2.15. Expenditure Incurred in the Course of a Trade\u003c\/li\u003e\n\u003cli\u003e2.16. Duality of Purpose\u003c\/li\u003e\n\u003cli\u003e2.17. Repairs and Maintenance\u003c\/li\u003e\n\u003cli\u003e2.18. Replacement of Assets\u003c\/li\u003e\n\u003cli\u003e2.19. Depreciation and Amortisation\u003c\/li\u003e\n\u003cli\u003e2.20. Subscriptions and Donations\u003c\/li\u003e\n\u003cli\u003e2.21. Sponsorship\u003c\/li\u003e\n\u003cli\u003e2.22. Bad Debts\u003c\/li\u003e\n\u003cli\u003e2.23. Provisions\u003c\/li\u003e\n\u003cli\u003e2.24. Payments to Employees \u0026amp; Appropriations of Profit\u003c\/li\u003e\n\u003cli\u003e2.25. Entertainment\u003c\/li\u003e\n\u003cli\u003e2.26. Gifts to Customers and Samples\u003c\/li\u003e\n\u003cli\u003e2.27. Gifts to Educational Establishments and Charities\u003c\/li\u003e\n\u003cli\u003e2.28. Cost of Leasing Cars\u003c\/li\u003e\n\u003cli\u003e2.29. Legal and Professional Fees\u003c\/li\u003e\n\u003cli\u003e2.30. Fines and Payments Against the Public Interest\u003c\/li\u003e\n\u003cli\u003e2.31. Interest and Bank Charges\u003c\/li\u003e\n\u003cli\u003e2.32. Pre-trading Expenditure\u003c\/li\u003e\n\u003cli\u003e2.33. Indirect Taxation\u003c\/li\u003e\n\u003cli\u003e2.34. Compensation and\u003cem\u003eex gratia\u003c\/em\u003ePayments to Former Employees\u003c\/li\u003e\n\u003cli\u003e2.35. Redundancy Payments\u003c\/li\u003e\n\u003cli\u003e2.36. Removal Expenses to New Business Premises\u003c\/li\u003e\n\u003cli\u003e2.37. Premiums for Insurance\u003c\/li\u003e\n\u003cli\u003e2.38. Payments to Employees for Restrictive Undertakings\u003c\/li\u003e\n\u003cli\u003e2.39. Staff Training and Development\u003c\/li\u003e\n\u003cli\u003e2.40. Counselling Courses in Connection with Termination of Employment\u003c\/li\u003e\n\u003cli\u003e2.41. Payments to Secure Release from Unprofitable Contracts\u003c\/li\u003e\n\u003cli\u003e2.42. Payments to Political Parties\u003c\/li\u003e\n\u003cli\u003e2.43. Preservation of Goodwill\u003c\/li\u003e\n\u003cli\u003e2.44. Payments on the Cessation of Trade\u003c\/li\u003e\n\u003cli\u003e2.45. Post-cessation Expenditure\u003c\/li\u003e\n\u003cli\u003e2.46. Rent\u003c\/li\u003e\n\u003cli\u003e2.47. Lease Premium\u003c\/li\u003e\n\u003cli\u003e2.48. Patents and Intellectual Property\u003c\/li\u003e\n\u003cli\u003e2.49. Telephone\u003c\/li\u003e\n\u003cli\u003e2.50. Business Rates and Council Tax\u003c\/li\u003e\n\u003cli\u003e2.51. Security Expenditure\u003c\/li\u003e\n\u003cli\u003e2.52. Loan Guarantee Payments\u003c\/li\u003e\n\u003cli\u003e2.53. Use of Home\u003c\/li\u003e\n\u003cli\u003e2.54. Website Expenditure\u003c\/li\u003e\n\u003cli\u003e2.55. Expenses Connected with Foreign Trades\u003c\/li\u003e\n\u003cli\u003e2.56. Valuation of Stock\u003c\/li\u003e\n\u003cli\u003e2.57. Overseas Aspects of Trading\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 3. Capital Allowances on Plant and Machinery\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e3.1. Introduction\u003c\/li\u003e\n\u003cli\u003e3.2. Definition of Plant and Machinery\u003c\/li\u003e\n\u003cli\u003e3.3. Assets Deemed to be Plant and Machinery\u003c\/li\u003e\n\u003cli\u003e3.4. Definition of Expenditure\u003c\/li\u003e\n\u003cli\u003e3.5. Date of Expenditure\u003c\/li\u003e\n\u003cli\u003e3.6. Disposal of Assets\u003c\/li\u003e\n\u003cli\u003e3.7. Allowances\u003c\/li\u003e\n\u003cli\u003e3.8. Calculation of Capital Allowances\u003c\/li\u003e\n\u003cli\u003e3.9. Short-life Assets\u003c\/li\u003e\n\u003cli\u003e3.10. Cessations and Successions\u003c\/li\u003e\n\u003cli\u003e3.11. Hire Purchase and Leasing\u003c\/li\u003e\n\u003cli\u003e3.12. Fixtures\u003c\/li\u003e\n\u003cli\u003e3.13. Disposal of Fixtures\u003c\/li\u003e\n\u003cli\u003e3.14. Anti-avoidance\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 4. Other Allowances\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e4.1. Business Premises Renovation Allowance\u003c\/li\u003e\n\u003cli\u003e4.2. Patents\u003c\/li\u003e\n\u003cli\u003e4.3. Know-how\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 5. Basis Periods\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e5.1. Current Year Basis (CYB)\u003c\/li\u003e\n\u003cli\u003e5.2. Opening Year Rules\u003c\/li\u003e\n\u003cli\u003e5.3. Closing Year Rules\u003c\/li\u003e\n\u003cli\u003e5.4. Tax Planning on Commencement\u003c\/li\u003e\n\u003cli\u003e5.5. Tax Planning on Cessation\u003c\/li\u003e\n\u003cli\u003e5.6. Change of Accounting Date\u003c\/li\u003e\n\u003cli\u003e5.7. Period Less than 12 Months\u003c\/li\u003e\n\u003cli\u003e5.8. Period More Than 12 Months\u003c\/li\u003e\n\u003cli\u003e5.9. Two Accounting Dates in Tax Year\u003c\/li\u003e\n\u003cli\u003e5.10. No Accounting Date in Tax Year\u003c\/li\u003e\n\u003cli\u003e5.11. Transitional Overlap Relief\u003c\/li\u003e\n\u003cli\u003e5.12. Changes in Size and Nature of Operations\u003c\/li\u003e\n\u003cli\u003e5.13. Death of Trader\u003c\/li\u003e\n\u003cli\u003e5.14. Mergers and Demergers\u003c\/li\u003e\n\u003cli\u003e5.15. Date of Commencement and Cessation\u003c\/li\u003e\n\u003cli\u003e5.16. Successions\u003c\/li\u003e\n\u003cli\u003e5.17. Trader Becoming, or Ceasing to be, UK Resident\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 6. Trading Losses\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e6.1. Introduction\u003c\/li\u003e\n\u003cli\u003e6.2. Offset Against Future Trading Income\u003c\/li\u003e\n\u003cli\u003e6.3. Transfer of Business to a Company\u003c\/li\u003e\n\u003cli\u003e6.4. Offset Against Total Income and Carry-back\u003c\/li\u003e\n\u003cli\u003e6.5. Offset Against Capital Gains\u003c\/li\u003e\n\u003cli\u003e6.6. Losses in the Early Years of Trading\u003c\/li\u003e\n\u003cli\u003e6.7. Terminal Loss Relief\u003c\/li\u003e\n\u003cli\u003e6.8. Tax Planning and Loss Relief\u003c\/li\u003e\n\u003cli\u003e6.9. Restriction of Loss Relief\u003c\/li\u003e\n\u003cli\u003e6.10. Late Claims\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 7. Property Income\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e7.1. Introduction\u003c\/li\u003e\n\u003cli\u003e7.2. Basis of Assessment\u003c\/li\u003e\n\u003cli\u003e7.3. Dilapidations\u003c\/li\u003e\n\u003cli\u003e7.4. Lease Premiums\u003c\/li\u003e\n\u003cli\u003e7.5. Sale with Right of Conveyance\u003c\/li\u003e\n\u003cli\u003e7.6. Expenditure Deductible\u003c\/li\u003e\n\u003cli\u003e7.7. Sea Walls\u003c\/li\u003e\n\u003cli\u003e7.8. Mutual Business\u003c\/li\u003e\n\u003cli\u003e7.9. Relief for Capital Expenditure\u003c\/li\u003e\n\u003cli\u003e7.10. Losses\u003c\/li\u003e\n\u003cli\u003e7.11. Furnished Holiday Lettings\u003c\/li\u003e\n\u003cli\u003e7.12. Rent a Room Scheme\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 8. Employment and Self-employment\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e8.1. Introduction\u003c\/li\u003e\n\u003cli\u003e8.2. Benefits of Self-employment\u003c\/li\u003e\n\u003cli\u003e8.3. Definition of Employment and Self-employment\u003c\/li\u003e\n\u003cli\u003e8.4. Tests for Employment\u003c\/li\u003e\n\u003cli\u003e8.5. Workers Supplied by Agencies\u003c\/li\u003e\n\u003cli\u003e8.6. Non-executive Directors\u003c\/li\u003e\n\u003cli\u003e8.7. Self-employment or a Number of Separate Employments\u003c\/li\u003e\n\u003cli\u003e8.8. Provision of Services Through an Intermediary – Income Tax\u003c\/li\u003e\n\u003cli\u003e8.9. Managed Service Companies\u003c\/li\u003e\n\u003cli\u003e8.10. National Insurance – Deemed Employment\u003c\/li\u003e\n\u003cli\u003e8.11. National Insurance – Deemed Self-employment\u003c\/li\u003e\n\u003cli\u003e8.12. National Insurance – Persons Deemed not to be Employed\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 9. Employment Income\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e9.1. Income Tax – Introduction, Charging Legislation and General Definitions\u003c\/li\u003e\n\u003cli\u003e9.2. National Insurance Contributions – Charging Legislation and General Definitions\u003c\/li\u003e\n\u003cli\u003e9.3. Income Tax and National Insurance – a Comparison\u003c\/li\u003e\n\u003cli\u003e9.4. Time of Receipt\u003c\/li\u003e\n\u003cli\u003e9.5. Cash Payments to Employees\u003c\/li\u003e\n\u003cli\u003e9.6. Payments Arising by Reason of Employment\u003c\/li\u003e\n\u003cli\u003e9.7. Payments on Termination of Employment or Variation of Employment Terms\u003c\/li\u003e\n\u003cli\u003e9.8. Damages and Compensation Paid to Employee\u003c\/li\u003e\n\u003cli\u003e9.9. Sick Pay and Sickness and Other Benefits\u003c\/li\u003e\n\u003cli\u003e9.10. Commission, Cashbacks and Discounts\u003c\/li\u003e\n\u003cli\u003e9.11. Tax-free Lump Sum Payments\u003c\/li\u003e\n\u003cli\u003e9.12. Payment of Expenses to Third Parties on Behalf of Employee\u003c\/li\u003e\n\u003cli\u003e9.13. Payments for Clothing\u003c\/li\u003e\n\u003cli\u003e9.14. Directorships Held by Partners\u003c\/li\u003e\n\u003cli\u003e9.15. Payment of Employee's Tax by Employer\u003c\/li\u003e\n\u003cli\u003e9.16. Income Tax – Deduction of Expenses\u003c\/li\u003e\n\u003cli\u003e9.17. Reimbursement of Expenses\u003c\/li\u003e\n\u003cli\u003e9.18. Qualifying Travel Expenses\u003c\/li\u003e\n\u003cli\u003e9.19. Entertainment\u003c\/li\u003e\n\u003cli\u003e9.20. Expenses Incurred by Homeworkers\u003c\/li\u003e\n\u003cli\u003e9.21. Other Deductible Expenses\u003c\/li\u003e\n\u003cli\u003e9.22. Payments and Benefits Exempt from Income Tax and Class 1 National Insurance Contributions\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 10. Benefits in Kind\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e10.1. Valuation of Benefits in Kind\u003c\/li\u003e\n\u003cli\u003e10.2. Benefits – Definition of Cost\u003c\/li\u003e\n\u003cli\u003e10.3. Lower-paid Employment\u003c\/li\u003e\n\u003cli\u003e10.4. Benefits in Kind and National Insurance Contributions\u003c\/li\u003e\n\u003cli\u003e10.5. Payment of Expenses by Employer\u003c\/li\u003e\n\u003cli\u003e10.6. Gift of Assets to Employees\u003c\/li\u003e\n\u003cli\u003e10.7. Cash Vouchers, Non-cash Vouchers and Credit Tokens\u003c\/li\u003e\n\u003cli\u003e10.8. Payment Made to a Registered Pensions Scheme for the Benefit of Two or More People\u003c\/li\u003e\n\u003cli\u003e10.9. Waiver of Loan\u003c\/li\u003e\n\u003cli\u003e10.10. Job-related Accommodation\u003c\/li\u003e\n\u003cli\u003e10.11. Assets Available for Private Use\u003c\/li\u003e\n\u003cli\u003e10.12. Expenses Connected with Living Accommodation\u003c\/li\u003e\n\u003cli\u003e10.13. Cars\u003c\/li\u003e\n\u003cli\u003e10.14. Fuel for Private Use\u003c\/li\u003e\n\u003cli\u003e10.15. Pool Cars and Vans\u003c\/li\u003e\n\u003cli\u003e10.16. Vans and Heavier Commercial Vehicles\u003c\/li\u003e\n\u003cli\u003e10.17. Emergency Vehicles\u003c\/li\u003e\n\u003cli\u003e10.18. Beneficial Loans\u003c\/li\u003e\n\u003cli\u003e10.19. Scholarships\u003c\/li\u003e\n\u003cli\u003e10.20. Relocation Packages and Guaranteed Selling Price Schemes\u003c\/li\u003e\n\u003cli\u003e10.21. Medical Treatment and Medical Insurance\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 11. National Insurance Contributions\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eNational Insurance Contributions and Employees\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e11.1. Earnings Period\u003c\/li\u003e\n\u003cli\u003e11.2. Aggregation of Earnings\u003c\/li\u003e\n\u003cli\u003e11.3. Rate of Class 1 National Insurance Contributions\u003c\/li\u003e\n\u003cli\u003e11.4. Class 1A Contributions\u003c\/li\u003e\n\u003cli\u003e11.5. Calculation of Contributions\u003c\/li\u003e\n\u003cli\u003e11.6. Class 1A Charge Where Benefits Provided by Third Parties\u003c\/li\u003e\n\u003cli\u003e11.7. Earners over Pensionable Age\u003c\/li\u003e\n\u003cli\u003e11.8. Notional Payments of Class 1 Contributions\u003c\/li\u003e\n\u003cli\u003e11.9. Annual Maximum Contributions\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eNational Insurance Contributions and the Self-Employed\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e11.10. Class 2 Contributions\u003c\/li\u003e\n\u003cli\u003e11.11. Class 4 Contributions\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 12. Pensions\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e12.1. Introduction\u003c\/li\u003e\n\u003cli\u003e12.2. Scope of Regime\u003c\/li\u003e\n\u003cli\u003e12.3. Registration of Pension Schemes\u003c\/li\u003e\n\u003cli\u003e12.4. Payments by Registered Pension Schemes\u003c\/li\u003e\n\u003cli\u003e12.5. Pension Payments\u003c\/li\u003e\n\u003cli\u003e12.6. Contributions\u003c\/li\u003e\n\u003cli\u003e12.7. Purchase of Shares in Sponsoring Employer\u003c\/li\u003e\n\u003cli\u003e12.8. Loans to Employers\u003c\/li\u003e\n\u003cli\u003e12.9. Unauthorised Payments Charge\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 13. Capital Gains Tax\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e13.1. Scope of Capital Gains Tax (CGT)\u003c\/li\u003e\n\u003cli\u003e13.2. Exemptions\u003c\/li\u003e\n\u003cli\u003e13.3. Residence\u003c\/li\u003e\n\u003cli\u003e13.4. Capital Losses\u003c\/li\u003e\n\u003cli\u003e13.5. Offset of Trading and Other Losses against Capital Gains\u003c\/li\u003e\n\u003cli\u003e13.6. Capital Gains Tax Rate\u003c\/li\u003e\n\u003cli\u003e13.7. Disposal Consideration\u003c\/li\u003e\n\u003cli\u003e13.8. Date of Disposal\u003c\/li\u003e\n\u003cli\u003e13.9. Allowable Costs\u003c\/li\u003e\n\u003cli\u003e13.10. Indexation Allowance\u003c\/li\u003e\n\u003cli\u003e13.11. Taper Relief\u003c\/li\u003e\n\u003cli\u003e13.12. Assets Owned at 31 March 1982\u003c\/li\u003e\n\u003cli\u003e13.13. Married Couples and Civil Partners\u003c\/li\u003e\n\u003cli\u003e13.14. Disposal to Connected Parties\u003c\/li\u003e\n\u003cli\u003e13.15. Valuation of Assets\u003c\/li\u003e\n\u003cli\u003e13.16. Negligible Value Claim\u003c\/li\u003e\n\u003cli\u003e13.17. Value Shifting\u003c\/li\u003e\n\u003cli\u003e13.18. Disposal by Way of Security\u003c\/li\u003e\n\u003cli\u003e13.19. Hire Purchase Transactions\u003c\/li\u003e\n\u003cli\u003e13.20. Appropriations to and from Trading Stock\u003c\/li\u003e\n\u003cli\u003e13.21. Series of Transactions\u003c\/li\u003e\n\u003cli\u003e13.22. Options\u003c\/li\u003e\n\u003cli\u003e13.23. Debts\u003c\/li\u003e\n\u003cli\u003e13.24. Compensation\u003c\/li\u003e\n\u003cli\u003e13.25. Asset Derived from another Asset\u003c\/li\u003e\n\u003cli\u003e13.26. Location of Assets\u003c\/li\u003e\n\u003cli\u003e13.27. Chattels and Wasting Assets\u003c\/li\u003e\n\u003cli\u003e13.28. Part Disposals\u003c\/li\u003e\n\u003cli\u003e13.29. Leases\u003c\/li\u003e\n\u003cli\u003e13.30. Loss or Destruction of Asset\u003c\/li\u003e\n\u003cli\u003e13.31. Restoration of Assets\u003c\/li\u003e\n\u003cli\u003e13.32. Replacement of Business Assets\u003c\/li\u003e\n\u003cli\u003e13.33. Gift Relief\u003c\/li\u003e\n\u003cli\u003e13.34. Transfer of Assets to a Limited Company\u003c\/li\u003e\n\u003cli\u003e13.35. Entrepreneurs' Relief\u003c\/li\u003e\n\u003cli\u003e13.36. Losses on Loans to Traders\u003c\/li\u003e\n\u003cli\u003e13.37. Loan Guarantees\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 14. Corporation Tax\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e14.1. Scope of Corporation Tax\u003c\/li\u003e\n\u003cli\u003e14.2. Trading income\u003c\/li\u003e\n\u003cli\u003e14.3. Loan relationships\u003c\/li\u003e\n\u003cli\u003e14.4. Intangible Fixed Assets\u003c\/li\u003e\n\u003cli\u003e14.5. Derivative Contracts\u003c\/li\u003e\n\u003cli\u003e14.6. Property income\u003c\/li\u003e\n\u003cli\u003e14.7. Chargeable gains\u003c\/li\u003e\n\u003cli\u003e14.8. Indexation Allowance\u003c\/li\u003e\n\u003cli\u003e14.9. Indexation and Losses\u003c\/li\u003e\n\u003cli\u003e14.10. Assets Owned at 31 March 1982\u003c\/li\u003e\n\u003cli\u003e14.11. Assets Owned at 6 April 1965\u003c\/li\u003e\n\u003cli\u003e14.12. Rollover Relief\u003c\/li\u003e\n\u003cli\u003e14.13. Dividends Received\u003c\/li\u003e\n\u003cli\u003e14.14. Payments to Charities\u003c\/li\u003e\n\u003cli\u003e14.15. Distributions\u003c\/li\u003e\n\u003cli\u003e14.16. Chargeable Accounting Periods\u003c\/li\u003e\n\u003cli\u003e14.17. Computation of Tax Liability\u003c\/li\u003e\n\u003cli\u003e14.18. Corporation Tax – Interaction with Income Tax\u003c\/li\u003e\n\u003cli\u003e14.19. Losses and Corporation Tax\u003c\/li\u003e\n\u003cli\u003e14.20. Groups and Consortia\u003c\/li\u003e\n\u003cli\u003e14.21. Close Companies\u003c\/li\u003e\n\u003cli\u003e14.22. Companies with Investment Business\u003c\/li\u003e\n\u003cli\u003e14.23. Close Investment-holding Companies\u003c\/li\u003e\n\u003cli\u003e14.24. Demergers\u003c\/li\u003e\n\u003cli\u003e14.25. Purchase of Own Shares\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 15. Incorporation, Disincorporation and Choice of Business Medium\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e15.1. Introduction\u003c\/li\u003e\n\u003cli\u003e15.2. Incorporation\u003c\/li\u003e\n\u003cli\u003e15.3. Disincorporation\u003c\/li\u003e\n\u003cli\u003e15.4. Disincorporation Relief\u003c\/li\u003e\n\u003cli\u003e15.5. Choice of Business Medium\u003c\/li\u003e\n\u003cli\u003e15.6. Comparison of Tax Treatment of Companies and Sole Traders\u003c\/li\u003e\n\u003cli\u003e15.7. Salary vs Dividends\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 16. Special Classes of Taxpayers\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e16.1. Construction Industry Scheme\u003c\/li\u003e\n\u003cli\u003e16.2. Farmers and Market Gardeners\u003c\/li\u003e\n\u003cli\u003e16.3. Authors, Artists and Composers\u003c\/li\u003e\n\u003cli\u003e16.4. Actors, Musicians and Entertainers\u003c\/li\u003e\n\u003cli\u003e16.5. Entertainers – Other Workers\u003c\/li\u003e\n\u003cli\u003e16.6. Builders\u003c\/li\u003e\n\u003cli\u003e16.7. Care Providers\u003c\/li\u003e\n\u003cli\u003e16.8. Barristers\u003c\/li\u003e\n\u003cli\u003e16.9. Bookmakers\u003c\/li\u003e\n\u003cli\u003e16.10. Breweries and Licensed Premises\u003c\/li\u003e\n\u003cli\u003e16.11. Doctors and Dentists\u003c\/li\u003e\n\u003cli\u003e16.12. Motor Dealers – Valuation of Used Vehicle Stocks\u003c\/li\u003e\n\u003cli\u003e16.13. Fishermen\u003c\/li\u003e\n\u003cli\u003e16.14. Franchising\u003c\/li\u003e\n\u003cli\u003e16.15. Solicitors\u003c\/li\u003e\n\u003cli\u003e16.16. Sub-postmasters\u003c\/li\u003e\n\u003cli\u003e16.17. Video and DVD Traders\u003c\/li\u003e\n\u003cli\u003e16.18. Clubs, Societies and other Mutual Organisations\u003c\/li\u003e\n\u003cli\u003e16.19. Charities\u003c\/li\u003e\n\u003cli\u003e16.20. Credit Unions\u003c\/li\u003e\n\u003cli\u003e16.21. Friendly Societies\u003c\/li\u003e\n\u003cli\u003e16.22. Housing Associations\u003c\/li\u003e\n\u003cli\u003e16.23. Self-build Societies\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 17. Partnerships\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e17.1. Definitions\u003c\/li\u003e\n\u003cli\u003e17.2. Limited Partnerships\u003c\/li\u003e\n\u003cli\u003e17.3. Limited Liability Partnerships\u003c\/li\u003e\n\u003cli\u003e17.4. Allocation of Profits\u003c\/li\u003e\n\u003cli\u003e17.5. Assessment of Partnerships\u003c\/li\u003e\n\u003cli\u003e17.6. Other Income of Partnership\u003c\/li\u003e\n\u003cli\u003e17.7. Non-trading Partnerships\u003c\/li\u003e\n\u003cli\u003e17.8. Post-cessation Receipts\u003c\/li\u003e\n\u003cli\u003e17.9. Losses\u003c\/li\u003e\n\u003cli\u003e17.10. Notional Losses\u003c\/li\u003e\n\u003cli\u003e17.11. Mergers and Amalgamations\u003c\/li\u003e\n\u003cli\u003e17.12. Restriction on Loss Relief for Limited and Non-Active Partners\u003c\/li\u003e\n\u003cli\u003e17.13. Partnership Property Income\u003c\/li\u003e\n\u003cli\u003e17.14. Corporate Partners\u003c\/li\u003e\n\u003cli\u003e17.15. Partnerships and Capital Gains Tax\u003c\/li\u003e\n\u003cli\u003e17.16. Roll-over and Gift Relief - LLPs\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eIndex\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cul\u003e\u003c\/ul\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Spiramus Press","offers":[{"title":"Default Title","offer_id":50470293373271,"sku":"9781913507312","price":33.25,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781913507312.jpg?v=1744897914","url":"https:\/\/bookcurl.com\/products\/taxation-of-small-businesses-2022-2023-9781913507312","provider":"Book Curl","version":"1.0","type":"link"}