The fourteenth edition has been updated to incorporate changes as a result of the Finance Act 2021. It includes the amendments to emergency COVID-19 pandemic measures.
The tax advantages of incorporating a small business need weighing up carefully, and business owners need to decide whether or not the advantages outweigh the additional burden of compliance.
Major topics covered by the book include: taxation of business profits, taxation of employment, corporation tax, national insurance, capital gains tax, inheritance tax, and pensions.