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Syllabus C1. Introduction to personal taxation

Syllabus C1

Introduction to personal taxation 1 / 6

a) Identify the tax year.
b) Outline the scope of income tax: chargeable persons, chargeable income.
c) Identify sources of taxation information for individuals.
d) Distinguish between income and capital profits/losses.
e) Outline the key elements of a personal income tax computation
    i) earned income
    ii) non-savings income
    iii) savings income
    iv) dividend income
    v) net income
    vi) taxable income.