Commentary
Giving you access to straightforward and concise coverage of the relevant statute law, case law and HMRC practice for the past four years. An alphabetical, topic-organised presentation, with extensive cross-referencing, supported by full details of source materials and a wide-ranging index, will lead you to the information you require. Numerous fully updated worked examples provide further clarification of the more complex points.

Source Currency July 2024Update Information
Up-to-date to 1 July 2024, Tolley’s Income Tax 2024-25 includes: Finance Act 2024, and Finance (No 2) Act 2024 updates with 2024/25 rates and allowances; Fully revised sections on pensions, following abolition of the Lifetime Allowance; New Making Tax Digital for income tax coverage in the year which will determine who joins and when; Current and forthcoming changes highlighting default cash basis for traders, abolition of remittance basis, and the end of Furnished Holiday Lettings rules