Principles of Taxation

How to Pass the ACA Principles of Taxation Module: Understanding Employment Income

Mastering the intricacies of employment income is crucial for success in the ACA Principles of Taxation module. This guide will help you navigate the essential topics, including how to calculate assessable employment income, identify taxable and exempt benefits, and understand the PAYE system. Employment Income Calculation What is Employment Income?

How to Pass the ACA Principles of Taxation Module: Mastering Capital Allowances

Understanding capital allowances is essential for success in the ACA Principles of Taxation module. This guide covers the key concepts, types of allowances, and how to handle capital assets in your calculations. Introduction to Capital Allowances Definition * Capital Allowances: Tax relief provided for certain types of capital expenditure. While depreciation