Author Description

Aimed at all tax practitioners, corporation tax managers, company secretaries and finance directors who cannot afford to be without vital guidance on new legislation and who wish to minimise their non-compliance liabilities. This third edition has been fully updated and includes the guidelines issued by the Inland Revenue and all relevant legislation up to Finance Act 2001. It incorporates their new regime for double taxation relief, provides in-depth coverage of the Inland Revenue code of practice for enquiries into company tax returns and also offers guidance on quarterly instalment payments and on the use of the Revenue's information and penalty powers. The latest law and practice relating to the rules for transfer pricing and controlled foreign companies is also included. The layout uses headings and numbered paragraphs to allow extensive cross-referencing, and there are more than 50 worked examples. It includes important Revenue guidance and secondary legislation to avoid the need to refer to other materials, as well as corporation tax returns and guidance notes.