Melville’s Taxation

Description

**This edition brings the book completely up to date with the provisions of Finance Act 2019, including:

· Substantial increase in income tax higher rate threshold

· Revised Scottish income tax limits

· Benefits in kind for electric motor cars

· Capital allowances special rate reduction

· Annual investment allowance temporary increase

· Structures and buildings allowances

· Reform of NICs employment allowance

· Retention of Class 2 NICs

· PPR relief for final period of ownership

· Changes to CGT entrepreneurs’ relief conditions

· Corporate capital losses restriction

· Further extension to freezing of VAT thresholds**