Publisher's Synopsis
The eighth edition of this popular book (originally written by Arnold Homer and Rita Burrows) offers a comprehensive guide to the law and practice relating to the taxation of partnerships in the UK. It contains a wealth of worked examples, and is up-to-date to Finance Act 2008. Contents: Table of Examples, Table of Cases, Table of Statutes, 1. Introduction, 2. Computation of Income and Gains, 3. Taxation of Income and Gains, 4. Current Year Basis, 5. Partnership Changes, 6. Change of Accounting Date, 7. Calculation of Tax Payable on Partnership Profits, 8. Accounting, 9. Mergers and Demergers, 10. Capital Allowances, 11. Losses, 12. Joint Ventures and Expense Sharing Arrangements, 13. Capital Gains, 14. Annuities to Retired Partners, 15. Capital Gains Tax - Roll-over and Hold-over Relief on Replacement of Business Assets, 16. Capital Gains Tax - Retirement Relief, 17. Transfer of a Partnership to a Company, 18. Husband/wife and Family Partnerships, 19. Partnerships which Include a Corporate Partner (ICTA 1988, ss 114-116) and Service Companies, 20. Limited Partnerships, 21. Limited Liability Partnerships, 22. The Overseas Element, 23. Partnership Tax Returns, Revenue Investigations and Administration, 24. Providing for Pensions and Life Assurance, 25. Inheritance Tax, 26. National Insurance and Stamp Duty, 27. Value Added Tax, 28. Provision for Taxation in Partnership Accounts, 29. Partnerships and IR35, 30. Construction Industry Partnerships, Appendices, Index
