Author Description

This book provides clear and concise guidance on all aspects of taxation in the UK. It deals with income tax and capital gains tax, corporation tax, inheritance tax, value added tax and stamp taxes. There are also chapters on council tax and business rates, national insurance contributions and statutory sick pay, statutory maternity pay, adoption and paternity pay, and shared parental pay. This edition gives the position for the tax year 2020/21 and covers all legislation, HMRC's published guidance and other relevant sources of information including the provisions of Finance Act 2020. The general law, as opposed to tax law, is not always the same in Scotland and in Northern Ireland as in England and Wales. Except where otherwise stated, this book is concerned with the law in England and Wales. With regard to tax law, there is commentary on the Scottish rate of income tax and on land and buildings transaction tax which applies in Scotland in place of stamp duty land tax, and on the Welsh rate of income tax and on land transaction tax which applies in Wales in place of stamp duty land tax.