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UK Tax System(F6)

Key areas you will learn form this Course

The UK Tax System course provides an in-depth exploration of key tax topics. Starting with an introduction to the UK tax system, it covers income tax computations, property and investment income, and employment income. The course delves into benefits and the PAYE system, unincorporated traders’ assessments and profits, and capital allowances. Students will learn about relief for trading losses, partnerships, and National Insurance contributions. Income tax administration is detailed in two parts, followed by the principles of chargeable gains, including chattels, land, buildings, and shares. Business assets and reliefs, corporate tax computations, and administration are comprehensively addressed. The course also covers taxable total profits, chargeable gains, loss relief, and tax considerations for groups of companies. Inheritance tax and its practice questions are included, along with detailed VAT topics and related questions. The curriculum concludes with mock tests and a comprehensive UK tax guide, providing practical and theoretical knowledge essential for mastering the UK tax system.

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