SMART Notes ACCA P6 2015 40 pages 
ACCA P6
Advance Taxation
SMART COMPENDIUM
NOTES
For Exams in June & December 2015
Syllabus Coverage 100%
Marks Oriented (Exam Focused)
Authenticity (Reviewed by top tutors)
40
Relevant (ICAEW, ACCA F6&P6)
Time Saving: (Just on 40 pages)
Pages only
AZIZ UR REHMAN (ACCA)
Contact:
Mob: +923327670806
Emaiil: azizurrehman89@hotmail.com
Contact: +923327670806 azizurrehman89@hotmail.com ACCA P6
(ADVANCE TAXATION)
CONTENTS
Chapter 1
Income tax computation, Trust income, Tax Reducer & Pension
Chapter 2
Property & Investment income
Chapter 3
Employment income
Chapter 4
National Insurance Contribution
Chapter 5
Income from self-employment
Chapter 6
Capital allowances
Chapter 7
Basis period
Chapter 8
Trading losses
Chapter 9
Partnership
Chapter 10
Capital gain tax
Chapter 11
Overseas aspects of income tax and CGT
Chapter 12
Inheritance tax
Chapter 13
Corporation tax, Groups & oversees issues for companies
Chapter 14
Value added tax (VAT)
Chapter 15
Self-assessment and payment of tax for individuals and companies
1
SKANS School of Accountancy Peshawar
Contact: +923327670806 azizurrehman89@hotmail.com ACCA P6
(ADVANCE TAXATION)
CHAPTER 1
Income Tax Computation, Trust Income, Tax Reducer & Pension
INCOME TAX is paid by individuals on his taxable income in a tax year.
Taxable income: Income from all sources except exempt income, minus reliefs & personal allowance.
Tax Year: income tax is calculated for tax year which runs from 6th April to 5th April. 6th April 14 to 5th April 15.
Individual: Non UK Residents Pay UK Income tax on their UK Income only while UK residents Pay UK income tax on their worldwide income.
TAXABLE PERSON:
Non UK Resident: Non UK resident persons Pay UK Income tax on his UK Income only.
Automatically treated as Non UK Resident:
A person will automatically be treated as not resident in the UK if he is present in UK for:
Maximum 15 days in a tax year.
Maximum 45 days in a tax year, and who has not been UK
Advance Taxation
SMART COMPENDIUM
NOTES
For Exams in June & December 2015
Syllabus Coverage 100%
Marks Oriented (Exam Focused)
Authenticity (Reviewed by top tutors)
40
Relevant (ICAEW, ACCA F6&P6)
Time Saving: (Just on 40 pages)
Pages only
AZIZ UR REHMAN (ACCA)
Contact:
Mob: +923327670806
Emaiil: azizurrehman89@hotmail.com
Contact: +923327670806 azizurrehman89@hotmail.com ACCA P6
(ADVANCE TAXATION)
CONTENTS
Chapter 1
Income tax computation, Trust income, Tax Reducer & Pension
Chapter 2
Property & Investment income
Chapter 3
Employment income
Chapter 4
National Insurance Contribution
Chapter 5
Income from self-employment
Chapter 6
Capital allowances
Chapter 7
Basis period
Chapter 8
Trading losses
Chapter 9
Partnership
Chapter 10
Capital gain tax
Chapter 11
Overseas aspects of income tax and CGT
Chapter 12
Inheritance tax
Chapter 13
Corporation tax, Groups & oversees issues for companies
Chapter 14
Value added tax (VAT)
Chapter 15
Self-assessment and payment of tax for individuals and companies
1
SKANS School of Accountancy Peshawar
Contact: +923327670806 azizurrehman89@hotmail.com ACCA P6
(ADVANCE TAXATION)
CHAPTER 1
Income Tax Computation, Trust Income, Tax Reducer & Pension
INCOME TAX is paid by individuals on his taxable income in a tax year.
Taxable income: Income from all sources except exempt income, minus reliefs & personal allowance.
Tax Year: income tax is calculated for tax year which runs from 6th April to 5th April. 6th April 14 to 5th April 15.
Individual: Non UK Residents Pay UK Income tax on their UK Income only while UK residents Pay UK income tax on their worldwide income.
TAXABLE PERSON:
Non UK Resident: Non UK resident persons Pay UK Income tax on his UK Income only.
Automatically treated as Non UK Resident:
A person will automatically be treated as not resident in the UK if he is present in UK for:
Maximum 15 days in a tax year.
Maximum 45 days in a tax year, and who has not been UK