This edition brings the book completely up to date with the provisions of the Finance Act 2017, including:

* Making Tax Digital (MTD)

* Revised Budget timetable

* Income tax in Scotland

* Cash basis for property businesses

* Employee shareholder status

* Taxation of termination payments

* The cash basis threshold

* Enabler penalties

* Reform of corporate loss relief

* Corporate interest expense restriction

* IHT main residence nil-rate band

* Deemed domicile

This book will be of value to both undergraduate and professional students of business and accounting, and will be particularly useful for students preparing for the following examinations:

ICAEW Certificate Level, Principles of Taxation; ACCA Fundamentals Level, Taxation; ACCA Technician Scheme, Foundations in Taxation; CIPFA Diploma Stage, Taxation; AAT Professional Diploma, Personal Tax and Business Tax; ATT Certificates, Personal Taxation; Business Taxation and Accounting Principles; AIA Foundation Level, Auditing and Taxation; IFA Level 4, Tax for SMEs.