This practical handbook guides the reader through the peculiar and distinctive personal tax treatments of a whole range of specialist professions. This book acts as the first reference point for the myriad of questions that arise for the professional advisers dealing with the greatly increased number of self employed people within occupations requiring particular tax treatments.
The book covers much tax legislation, case law and practice effecting specialised occupations.
An essential guide to the tax treatment of many specialised professions including the clergy, credit traders, diplomats, dentists, doctors, farmers, insurance agents, investors, lawyers, Lloyd’s underwriters, MPs, members of the armed forces, merchant navy and aircraft personnel, publicans, sports people, stockbrokers, subcontractors, teachers, temporary visitors to the UK, writers and painters.
Taxation of Specialised Occupations and Professions 8th Edition will serve as a first point of reference for the many questions that arise when dealing with the increasing number of self-employed clients requiring particular tax advice.
Newly updated for 2008 with the latest regulations and best practice, and including a brand new chapter covering students, domestic staff and harvest casuals which have their own PAYE rules, this practical book is written in an accessible style and has a client focused approach that gives the reader confidence in the appropriateness of the tax treatment adopted for each specialist case.
Practitioners and business advisers will find that the author has included examples, illustrations and calculations that can be directly applied to their own case loads, thereby saving research time and ensuring that advice given is relevant and accurate.