This review examines the evolving landscape of tax planning strategies and their implications for individuals and corporations in 1979. The authors, Leslie John Phillip Livens and Neil Thomas, draw upon their expertise in accounting and tax law to analyze the legislative and economic factors influencing tax policies during this period. Their work aims to provide a comprehensive overview of the prevailing tax structures and to forecast potential future developments.

This publication serves as a historical snapshot of tax planning principles as understood and practiced in 1979. It is likely to be of interest to legal and accounting professionals seeking to understand the historical context of tax law or to researchers studying the evolution of fiscal policy. The authors' established credentials in the field lend authority to their analysis of the period's tax structures.