Navigate UK taxation rules and policies for 2025 with the market-leading text Taxation 31st
edition by Alan Melville serves as a comprehensive and authoritative guide to UK taxation
updated to align with the Finance Act 2025 and praised for its clarity and in-depth coverage
of annual Budget changes. Designed to facilitate a clear understanding of taxation the
well-structured textbook features a variety of revised exercises and worked examples. It is an
indispensable practical guide and reference tool for both first-time taxation students and
professionals applying the rules and regulations of the UK tax system. This new edition has
been thoroughly updated to reflect significant changes in taxation including: The revised
timetable for Making Tax Digital for income tax Abolition of the furnished holiday lettings tax
regime First year allowances extended Increased HMRC interest rates National Insurance
Contributions increased for employers Capital gains tax rates increased Capital gains tax
investors' relief lifetime limit reduced VAT charged on private school fees Inheritance tax
domicile test replaced by long-term residence test Inheritance tax business and agricultural
property reliefs reduced Abolition of remittance basis Introduction of foreign income and gains
(FIG) tax regime This text will be of value to both undergraduate and graduate students of
accounting and finance and will be particularly useful for students preparing for the
following examinations: ICAEW Certificate Level Principles of Taxation ACCA Applied Skills
Level Taxation ACCA Technician Scheme Foundations in Taxation CIPFA PQ Taxation CIPFA PAQ
Tax and Law AAT Professional Diploma Personal Tax and Business Tax ATT Certificates
Personal Taxation and Business Taxation AIA Professional Level 1 Taxation IFA Personal
Taxation Business Taxation. Additionally a free-to-access Companion Website features
opportunities for extra practice chapter appendices and a range of useful links to explore UK
taxation rules and the tax system further.
