More complex matters of income tax, corporation tax, capital gains tax and VAT are covered, with inheritance tax and stamp taxes comprehensivelt introduced, providing the student with the knowledge and skills to apply the relevant tax legislation, procedures and practices to a broader range of issues. It is up to date to Finance  (No. 2) Act 2023.

Written in a clear and concise style with extensive examples throughout and questions and solutions at the end of each chapter, Taxation 2 (NI) addresses the core competencies of:

the concepts of residence, domicile and deemed domicile and the associated tax treatment for individuals and companies in respect of income tax, corporation tax and CGT;
the income tax implications of termination payments, retirement lump sum payments and employment incentive schemes;  
for corporation tax, close company rules, groups of companies and the taxation of directors and shareholders;
the appropriate reliefs and exemptions for CGT;
the general principles for the administration and computation, including reliefs and exemptions, of inheritance tax and stamp taxes;
the VAT treatment of partially exempt supplies, cross-border transactions, te sale of land and property, the transfer of a business and VAT for groups of companies;
HM Revenue & Custom's powers of enquiry, its assessments and compliance checks, the penalty regime and the tax appeals process.