Taxation: Finance Act 2025, 31st edition

Published by Pearson (24 November 2025) © 2026

  • Alan Melville
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Title overview

For students pursuing undergraduate and graduate degrees in accounting and finance, as well as individuals preparing for taxation exams with professional accounting bodies.

Gain a comprehensive understanding of UK taxation rules and policies for 2025

Taxation 31st edition by Alan Melville is the market-leading text on UK taxation that covers the changes introduced by the annual Budget 2025 and Finance Act 2025. Known for its clear and organized presentation, this market leading textbook includes refreshed examples and exercises, making it an essential text for those studying taxation for the first time, as well as a valuable reference tool for understanding tax laws and regulations. It is also a helpful study aid for those preparing for taxation exams with professional bodies.

This edition includes a Companion Website.

Table of contents

Part 1 Income Tax and National Insurance

  1. Introduction to the UK tax system
  2. Introduction to income tax
  3. Personal allowances
  4. Payments and gifts eligible for tax relief
  5. Income from property
  6. Income from savings and investments
  7. Income from employment (1)
  8. Income from employment (2)
  9. Income from self-employment: Computation of income
  10. Income from self-employment: Allocating profits to tax years
  11. Income from self-employment: Capital allowances
  12. Income from self-employment: Trading losses
  13. Income from self-employment: Partnerships
  14. Pension contributions
  15. Payment of income tax, interest and penalties
  16. National Insurance contributions

Part 2 Capital Gains Tax

  1. Introduction to capital gains tax
  2. Computation of gains and losses
  3. Chattels and wasting assets
  4. Shares and securities
  5. Principal private residence
  6. CGT reliefs

Part 3 Corporation Tax

  1. Introduction to corporation tax
  2. Corporate chargeable gains
  3. Computation and payment of the corporation tax liability
  4. Corporation tax losses
  5. Close companies and investment companies
  6. Groups of companies and reconstructions

Part 4 Miscellaneous

  1. Value added tax (1)
  2. Value added tax (2)
  3. Inheritance tax
  4. Overseas aspects of taxation

Part 5 Answers

Index

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