Juliet Connolly CTA, ACA [International tax chapters] runs her own company, UK Expat, based in Melbourne. She formerly worked for smaller accounting practices in the UK and for KPMG, specialising in expatriate tax matters.
Megan Saksida BA, CTA, FCA, TEP [Trusts and investment income chapters] lectures for exam training and post-qualification CPD courses, and speaks regularly at tax conferences. She is also a technical editor for CTA manuals, and is on the CIOT technical committee for successions.
Karen Speight LL.B [Employment income, pensions, state benefits] has worked for more than 25 years in professional services, including 11 as a tax partner with Ernst & Young. Karen lectures on CTA and ATT courses, and prepares training manuals and associated support material.
Lucy Webb CTA, ACA [Business taxes and FHLs] is a freelance tax writer, writing frequently for AccountingWeb as well as producing in-depth guides and CPD courses. Lucy formerly worked in the asset management tax team at Deloitte.
Capital allowances commentary has been contributed by Ray Chidell MA (Cantab), CTA (Fellow). Ray has written extensively in the tax press for nearly 30 years. He runs Claritax Books and also has a part-time role as a capital allowances specialist.
This Income Tax volume aims to be the clearest single-volume guide to income tax in the UK.
Written for accountants and tax specialists, the text is arranged across 10 sections, with a total of 43 chapters and more than 1,000 pages of commentary. This volume offers superb value for money, on its own or as part of a discounted bundle.
“With more than 900 pages, you’d expect this book to give wide coverage and, indeed, this is a strength, as are the extensive references to legislation and HMRC guidance. The writing style is clear and pitfalls and planning points are helpfully included. … I commend Claritax for this first edition.”TAXline review of first edition August 2021
Contents (in brief)
Introduction and compliance
Income from self-employment
Pensions and state benefits
Trusts and estates
New for this edition
The 2023-24 edition has been extensively updated, with key changes including the following:
detailed new commentary on the changing basis of taxation, including transitional rules for 2023-24 and treatment of transition profits;
expanded coverage of Making Tax Digital;
case law developments (late filing penalties, domicile, remittance basis);
a new section on sporting testimonials;
special tax sites;
pension changes (including abolition of lifetime allowance);
overseas matters (foreign tax credit relief, declaring foreign dividends, offshore penalties, temporary non-residence, disregarded income, pensions for non-residents, foreign national employees of certain EU institutions);