Taxation of Businesses 1

By the end of the course participants will be familiar with the basic rules governing the calculation of taxable profits for a self-employed client. Many of these rules will be transferable to a corporate client.

• General principles of allowable/disallowable expenditure
• Calculation of plant and machinery capital allowances
• Trading income computations

This course will be suitable for those who have between 3 and 15 months experience in the profession, are familiar with a set of accounts and have little or no existing tax knowledge in this area.

It will not normally be suitable for those participants who are studying and have sat their first professional tax exam.