F6 2014 串讲讲义.pdf

F6 REVISION NOTES ACCA - F6 UK TAXATION REVISION NOTES FOR JUNE 2014 EXAM 1 F6 REVISION NOTES CONTENT Question 1 Income tax 4 1. Trading profit 4 2. Employment income 5 3. Property business income 9 4. Savings 10 5. Dividends 10 6. Interest paid 10 7. Personal Allowances 10 8. Income tax liability 11 9. National Insurance Contribution 12 10. Pension 12 11. Child benefit income tax charge 13 12. Tax management 13 Question 2 Corporation tax 15 1. Tax adjusted trading profit 15 1. Interest income 16 2. Property business income 16 3. FII 17 4. Augmented profit 17 5. Pro forma of corporation tax computation 17 6. Tax management 17 VAT (Question 1 and 2) 19 1. VAT registration 19 2. Pre-registration input VAT recoverable 19 3. Deregistration 19 4. Tax point 19 5. VAT payable calculation 20 6. Default surcharge 20 7. Special scheme 21 8. Group VAT 21 9. Import export, trading with EU 21 Question 3 Capital Gain Tax 23 1. Company chargeable gain 23 2. Individual capital gain tax 24 Question 4 and 5 28 1. Company loss 28 2. Company loss group 29 3. Group for capital gains 29 4. Loss for individuals 30 5. Partnership 31