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 2021.
On 12 November 2020 HM Treasury announced a 12-month extension to the temporary £1 million cap. The AIA will now remain at £1 million during 2021 and then revert back to £200,000 on 1 January 2022.