Introduction to the UK Tax System

UK Tax System: an introduction

Author: Malcolm James (University of Wales Institute, Cardiff)

Publication date: November 2005 Price: £39.95

ISBN: 1 904905 22 6

Format: Paperback, royal octavo, 136 pages

The UK tax system has developed over hundreds of years, and continues to evolve daily. This book will provide a guide to the structure of the tax system and its application to various classes of taxpayer, as well as explaining the roles of the government departments who administer it and the full range of taxpayers’ rights and obligations.

The book describes the legal framework of tax and its administration, self-assessment and the HM Revenue and Customs' powers to make enquiries, assessments and investigations. It provides a comprehensive guide to tax appeals and to the circumstances in which interest and penalties will arise. It includes a guide to an income tax computation and discusses the significance of residence to UK tax liability. There is also a guide to corporation tax liability and a separate section on VAT and its administration and collection.

The book is for anyone advising on UK tax, from the experienced practitioner to the newly-qualified professional coming to tax advice for the first time, as well as being an ideal starting point for any students of the UK tax system.

Malcolm James is a Senior Lecturer in Accounting and Taxation at the University of Wales Institute, Cardiff and has lectured widely on the subject of taxation on both professional and undergraduate courses. He has also lectured for the Chartered Institute of Taxation and written a number of articles for their journal Tax Adviser. He also contributes regularly to CCH and LexisNexis tax publications. Before becoming a lecturer he worked for several large firms of accountants and also in industry.