Offering a practical overview of income tax in the UK from one of the
UK's leading tax writers, Income Tax 2021/22 covers day-to-day issues
frequently encountered by tax practitioners, explaining in
straightforward terms what the law means in practice.
This new edition has been updated throughout for 2021/22 income tax
rates and allowances, and includes the following:
- Commentary on the Making Tax Digital (MTD) project, including
flagging up what taxpayers can do to get ready for MTD for income tax
- New commentary on the European Union (Future Relationship) Act 2020
- New material relating to late payment and deliberately withholding
information penalties
- Commentary on the Covid-19 Self-Employment Income Support Scheme
(SEISS), Furlough Scheme and various other Covid-19 temporary measures
- New material on changes to the taxation of employee termination
payments
- Commentary on various changes to the taxation of personal services
provided through intermediaries
- New material and commentary on enhanced rate of Structures and
Buildings allowance within freeport tax sites
- Commentary on HMRC Trust Register Scheme (TRS) obligations
This accessible reference guide has a user-friendly structure with
'signposts' at the beginning of each chapter to summarise key topics and
'focus points' throughout to highlight important issues, as well as
numerous worked examples to demonstrate how to apply the main principles
in practice.
John Hiddleston is a Tax Consultant at Azets. He has held senior roles
in the tax technical departments of Top 20 accountancy firms - having
been Head of Tax Technical at Vantis and, before that, National Director
of Tax Technical at Howarth Clark Whitehall (Crowe UK).
