{"product_id":"taxation-finance-act-2023-9781292461083","title":"Taxation Finance Act 2023","description":"\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003e\n\u003cbr\u003eTaxation, 29th edition by Alan Melville, is the definitive, market-leading text on UK taxation, updated with the Finance Acts 2023. It provides comprehensive coverage of the changes introduced by the annual Budget and is a core textbook for students studying taxation. \u003c\/blockquote\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Paperback \/ softback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 624 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 31 July 2023\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Pearson Education Limited\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cbr\u003eGain a comprehensive understanding of UK taxation rules and policies for 2023 with Taxation, 29th edition by Alan Melville, updated with the Finance Acts 2023. This definitive market-leading text is renowned for its comprehensive coverage of the changes introduced by the annual Budget, offering a clean and well-structured approach with a wealth of updated examples and exercises. Serving as a core textbook for students studying taxation for the first time, as well as a reference text that elucidates the UK tax system and taxation regulations, this popular guide is essential for anyone seeking insights into the field.\u003cbr\u003e\u003cbr\u003eIn this new edition, the book has been thoroughly updated to reflect the latest taxation changes, including:\u003cbr\u003e\u003cbr\u003eFurther delays to MTD for income tax: The implementation of Making Tax Digital (MTD) for income tax has been delayed, with the higher rate limit for income tax reduced.\u003cbr\u003e\u003cbr\u003eIncome tax higher rate limit reduced: The higher rate limit for income tax has been reduced, impacting individuals with taxable income exceeding £50,270.\u003cbr\u003e\u003cbr\u003eDividend allowance reduced: The dividend allowance has been reduced, affecting the amount of dividends that individuals can receive without paying tax.\u003cbr\u003e\u003cbr\u003eBasis period rules for 2023-24: The basis period rules for calculating capital gains tax (CGT) have been updated for the 2023-24 tax year.\u003cbr\u003e\u003cbr\u003eSpreading of transition profits: The rules for spreading of transition profits have been introduced, allowing businesses to spread the gain over a period of up to five years.\u003cbr\u003e\u003cbr\u003eAIA £1m limit made permanent: The annual investment allowance (AIA) limit for capital investments has been made permanent at £1 million.\u003cbr\u003e\u003cbr\u003ePensions tax relief reforms: There have been reforms to pensions tax relief, including changes to the lifetime allowance and the annual allowance.\u003cbr\u003e\u003cbr\u003eCGT annual exemption reduced: The annual exemption for capital gains tax has been reduced, impacting individuals with significant capital gains.\u003cbr\u003e\u003cbr\u003eCorporation tax full expensing: The full expensing of capital expenditure for corporation tax has been introduced, providing a tax incentive for businesses to invest in capital assets.\u003cbr\u003e\u003cbr\u003eR\u0026amp;D tax relief reforms: There have been reforms to research and development (R\u0026amp;D) tax relief, including changes to the rates and eligibility criteria.\u003cbr\u003e\u003cbr\u003eInvestment zones: Investment zones have been introduced as part of the government's economic stimulus package, offering tax incentives for businesses located in specific areas.\u003cbr\u003e\u003cbr\u003eVAT aspects of the Windsor Framework: The VAT aspects of the Windsor Framework have been updated, including changes to the rules for cross-border transactions and the treatment of financial services.\u003cbr\u003e\u003cbr\u003eThis text is invaluable for both undergraduate and graduate students of accounting and finance, particularly those preparing for the following examinations:\u003cbr\u003e\u003cbr\u003eICAEW Certificate Level, Principles of Taxation: This examination covers the fundamental principles of taxation, including income tax, corporation tax, capital gains tax, and VAT.\u003cbr\u003e\u003cbr\u003eACCA Applied Skills Level, Taxation: This examination focuses on applying the principles of taxation to real-world scenarios and provides a practical understanding of taxation practices.\u003cbr\u003e\u003cbr\u003eACCA Technician Scheme, Foundations in Taxation: This examination is designed for students who are new to taxation and provides a foundational understanding of the tax system.\u003cbr\u003e\u003cbr\u003eCIPFA PQ, Taxation: This examination is aimed at qualified accountants and covers advanced topics in taxation, such as tax planning, international taxation, and financial accounting.\u003cbr\u003e\u003cbr\u003eCIPFA PAQ, Tax and Law: This examination combines taxation knowledge with legal principles and provides a comprehensive understanding of the tax system.\u003cbr\u003e\u003cbr\u003eAAT Professional Diploma, Personal Tax and Business Tax: This diploma covers personal and business taxation, including tax planning, compliance, and reporting.\u003cbr\u003e\u003cbr\u003eATT Certificates, Personal Taxation and Business Tax: These certificates provide a foundation in personal and business taxation and are suitable for individuals who are new to the field.\u003cbr\u003e\u003cbr\u003eAIA Professional Level 1, Taxation: This professional qualification covers the fundamentals of taxation, including income tax, corporation tax, and VAT.\u003cbr\u003e\u003cbr\u003eIFA Personal Taxation, Business Taxation: This qualification focuses on personal and business taxation, including tax planning, compliance, and reporting.\u003cbr\u003e\u003cbr\u003eAdditionally, a free-to-access Companion Website at go.pearson.com\/uk\/he\/resources offers additional practice opportunities, chapter appendices, and a range of useful links to explore UK taxation rules.\u003cbr\u003e\u003cbr\u003eBy leveraging the comprehensive coverage and expert insights provided in Taxation, 29th edition, you can gain a deep understanding of UK taxation laws and policies, enabling you to navigate the complex tax landscape with confidence and proficiency.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eWeight\u003c\/strong\u003e: 1182g\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 190 x 247 x 35 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9781292461083\u003cbr\u003e \u003cstrong\u003eEdition number\u003c\/strong\u003e: 29 ed\u003c\/p\u003e","brand":"Alan Melville","offers":[{"title":"Paperback \/ softback","offer_id":44636222423290,"sku":"9781292461083","price":53.82,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/1697210015604_book.jpg?v=1697285798","url":"https:\/\/shulphink.com\/products\/taxation-finance-act-2023-9781292461083","provider":"Shulph Ink","version":"1.0","type":"link"}