04 January 2008
Taxation Schedules Explained
Taxation Schedules Explained
Key Points
Quote:
Full
Article:
The
Income and Corporation Taxes Act 1970 has six
Schedules, each one of which has a different set
of rules for each source of income:
- Schedule A -
Rents
- Schedule B -
Woodlands
- Schedule C - Public Revenue
Dividends
- Schedule D -
(divided into six Cases)
- Case I - Profits from
Trade
- Case II - Profits from
a Profession or Vocation
- Case III - Interest,
Annuities and Discounts
- Case IV - Income from
the UK not covered by Schedule C
- Case V - Income from
outside UK
- Case VI - Annual
profits not falling in any other Case or
Schedule C
- Schedule E -
Emoluments, wages, salaries and foreign earnings
- Schedule F -
Dividends from companies in the UK.
© LandlordZONE® 1999-2008 All Rights Reserved - never rely totally on our standard answers and general content which relates primarily to England & Wales. Before taking action or not, always do your own research and seek appropriate professional advice with the full facts of the case and all documents to hand. LandlordZONE.co.uk®
Related Topics
