Taxation: 2012/13 Lecture 1 - The framework of UK taxation Lecturer: Sara Closs-Stacey FCCA CTA Email contact: abs614@bangor.ac.uk Essential text “Taxation –policy and practice 2012/13” Lymer and Oats. ACCA Paper F6 Taxation complete text FA2012 Course text can be obtained from: www.taxstudent.com ; amazon university bookshop and Kaplan publishing website. Outline of lecture Discuss historical background of taxation Main features of UK tax today Collection systems‚ legal framework and
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in UK economy. The sector provides £18.4 billion to the UK Gross National Product and currently employs over 234‚000 workers across the nation (Prowse‚ 2012). Factors such as inexpensive price ticket and growth of low cost airlines play a big role in the increasing number of passengers in UK aviation sector. Aviation sector provides international connectivity that UK needs in order to succeed in a competitive global economy. Heathrow as a major UK airport is not only act as a prime hub in UK aviation
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as the products are popular in the UK market. More than 90% people in UK have consumed Biscuits last year but consumer behaviour has changed during the last few years into a healthier lifestyle. Healthier and low fat Biscuits represent the largest sector of the market. Sales through foodservice and the market for fresh‚ frozen and chilled cakes are not analysed in this report. (Keynote‚ 2008. Annual report on Biscuits & Cakes 2008). Market Size Total UK Biscuit Market by Value (Graph 1)
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Challenges faced by the UK economy Introduction Bank of England‚ responsible for key interest rates. Pound sterling is the currency‚ world’s 3rd largest reserve currency after USD and Euro. Country with literacy rate of 99% for both genders Member of Commonwealth of Nations‚ European Union‚ G7‚ G8‚ G20‚ IMF‚ World Bank‚ World Trade Organization‚ UN Aerospace‚ automotive‚ pharmaceutical Players heard of – Rolls Royce‚ Jaguar‚ TESCO‚ Major F1 teams‚ GSK History Independent‚ developed
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How Democratic is the UK? Democracy is a very general term used to describe various political systems that are organised on the basis that the government should serve the interests of the people. It is expected in a democracy that citizens should influence decisions‚ make decisions themselves and that the government is accountable to the people. It is also expected that the freedoms of citizen’s are protected‚ minorities are protected‚ governmental power is controlled and dispersed more widely
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Have you ever thought what religion is and what importance in our lives it has? We could say that religion is a set of beliefs‚ cultural systems‚ and worldviews concerning the cause‚ nature and purpose of life and the universe‚ especially when considered as the creation of a supernatural agency or human beings’ relation to that which they regard as holy‚ sacred‚ or spiritual. In other words we could say that religion is the struggle of man in his inner world. Religion starts where the science ends
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INTRODUCTION‚ This essay assess the external business environment of VODAFONE UK using the four headings of a PEST analysis; political‚ economic‚ social and technological it will provide information gathered from several researched sources relating to the four topics and will then go on to draw a conclusion based on the evidence provided. VODAFONE UK‚ Registered in Newbury Berkshire Vodafone UK is a British born multinational telecommunications company witch is headquartered in London and
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Introduction The UK food industry is one of the most important and well established sectors in the UK. It has been growing rapidly and very competitive. Because of the competitive market the retailers have developed good deals to UK customers‚ especially during the recession when people’s life style trends changed and started to consume more products from supermarkets. PEST ANAYSIS Political Food industry in the UK provides many political and legal factors that can have affect on the food industry
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factors that influence and determine the oil price in UK oil industry. The report also aims to provide how much and to what extent‚ Government policies influence oil prices in UK. Objective of the Assignment: This assignment has been prepared considering a number of objectives. The objectives are: * Identify and evaluate the factors that influence and determine the oil price in UK oil industry. * Understand how and to what extent UK government policies make an impact on the oil prices.
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the 2010 general election had been higher‚ we could have easily had a Labour or Liberal Democrat government which would have had major effects on the current policies in place in the UK. To go even further‚ if the voting percentage had been 100% in all the previous elections‚ it is claimable that every government the UK has had would be different‚
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