Author Description

The new edition of this popular book offers a comprehensive guide to the law and practice relating to the taxation of partnerships in the UK. It contains a wealth of worked examples and is up-to-date to the UKâ??s Finance Act 2011. It includes numerous worked examples to illustrate the practical effects of the law and extensive cross-references to legislation and case law. Accountants and tax practitioners will find this book essential reading as it covers a range of topics including: calculating income and gains for partnerships * dealing with self-assessment claims and returns * coverage of specific situations â?? change of accounting date, death, or retirement of a partner and incorporation * examination of the benefits of setting up a limited partnership or a limited liability partnership * appendices contain useful reference material, including up-to-date partnership legislation.