Melville's Taxation: Finance Act 2019

 Praise for previous editions:

A highly comprehensive, well written book, full of helpful examples, and deservedly secure in its place as the UKs leading tax textbook Christopher Coles, University of Stirling

This book is written with students in mindThis approach makes the book a very accessible introduction to the sometimes complex world of taxation Robert Goddard, Aston Business School

Now in its 25th annual edition, Melvilles Taxation continues to be the definitive, market-leading text on UK taxation. Featuring clean, uncluttered prose and a wealth of immensely practical examples, this text is a comprehensive guide for students taking a first-level course in the subject.

This edition brings the book completely up to date with the provisions of Finance Act 2019, including:

   Substantial increase in income tax higher rate threshold

   Revised Scottish income tax limits

   Benefits in kind for electric motor cars

   Capital allowances special rate reduction

   Annual investment allowance temporary increase

   Structures and buildings allowances

   Reform of NICs employment allowance

   Retention of Class 2 NICs

   PPR relief for final period of ownership

   Changes to CGT entrepreneurs' relief conditions

   Corporate capital losses restriction

   Further extension to freezing of VAT thresholds

This book will be of value to both undergraduate and professional students of business and accounting, and will be particularly useful for students preparing for the following examinations:

ICAEW Certificate Level, Principles of Taxation; ACCA Applied Skills Level, Taxation; ACCA Technician Scheme, Foundations in Taxation; CIPFA Diploma Stage, Taxation; AAT Professional Diploma, Personal Tax and Business Tax; ATT Certificates, Personal Taxation and Business Taxation; AIA Foundation Level, Auditing and Taxation; IFA Principles of Taxation, Advanced Taxation.

Visit www.pearsoned.co.uk/melville for our suite of resources to accompany this textbook:

- For instructors: a complete solutions guide and PowerPoint slides for each chapter

- For students: A companion website featuring opportunities for extra practice, links to relevant web pages, and additional resources

ALAN MELVILLE FCA BSc Cert Ed. is a best-selling author. Previously a Senior Lecturer at Nottingham Trent University, he has many years experience of teaching accounting and taxation.

For this edition, the extra practice questions have been provid...