A comprehensive guide to Close Companies, focusing on the UK context, covering definitions, historical context, types, key events, implications, mathematical models, and much more.
A comprehensive overview of the UK system of company taxation, known as Corporation Tax, including its history, structure, key events, and applicability.
A principle in UK income tax and corporation tax that denies deductibility of expenditures with a dual purpose unless identifiable as wholly for business.
A comprehensive guide on income tax allowances, historical context, types, key events, formulas, applicability, examples, related terms, and more.
A system of personal taxation where married individuals are taxed separately, allowing for independent treatment of income and capital gains.
An in-depth look at Mortgage Interest Relief at Source (MIRAS), a former UK tax allowance for mortgage interest payments.
An in-depth exploration of National Insurance Contributions (NIC), their historical context, types, key events, importance, applicability, examples, and more.
A comprehensive guide to the nil-rate band, the portion of an estate exempt from inheritance tax in the UK. Learn about historical context, key features, and important considerations for estate planning.
Detailed exploration of the Pay and File system, a former method for paying corporation tax introduced in the UK, its historical context, procedures, and eventual replacement by self-assessment.
An overview of the rates system, its historical context, various types, key events, and implications in local UK taxation, including business and domestic rates.
The Residence Nil-Rate Band (RNRB) is an additional inheritance tax allowance in the UK that applies when a residence is passed to direct descendants. This allowance helps in reducing the overall inheritance tax payable.
A detailed exploration of Stamp Duty Land Tax (SDLT), its history, calculation methods, key events, and its importance in real estate transactions in the UK.
An in-depth overview of Stamp Duty Reserve Tax (SDRT), its historical context, key events, types, importance, applicability, examples, and more.
An in-depth look at the now obsolete 'Standard Rate' of UK income tax, historically applied to the bulk of taxable incomes and now referred to as the 'Basic Rate'. This article covers historical context, types of tax rates, key events, and more.
Understanding the UK Tax Month System and Its Implications for Taxpayers and Businesses.
An in-depth exploration of the Uniform Business Rate (UBR), including its history, significance, and impact on businesses.
A comprehensive look into Unilateral Relief, a measure by UK authorities to prevent double taxation for taxpayers with foreign income in countries without double-taxation agreements.
An in-depth look at Writing-Down Allowance, a capital allowance for UK traders to account for depreciation of plant and machinery over time.
