Principles of Taxation
Electronic question bank and mock exam guidance notes for the Principles of Taxation.
The AIA was due to revert from £1 million to £200,000 on 1 January 2022.
On 27 October the Chancellor, in the Budget speech, announced an extension to the temporary £1 million cap. The AIA will now remain at £1 million until 31 March 2023 and are expected to revert back to £200,000 on 1 April 2023.