ICAB CL Principles of Taxation study materials
ICAB CL Principles of Taxation study resources

ICAB CL Principles of Taxation case studies

ICAB CL Principles of Taxation · Put your knowledge to work in context.

The ICAB Certificate Level Examination is the entry stage of the chartered accountancy qualification awarded by The Institute of Chartered Accountants of Bangladesh (ICAB), which describes itself as the National Professional Accounting Body in Bangladesh. Principles of Taxation is one of the subjects studied at this level, introducing candidates to the structure and computation of taxation as part of the wider syllabus published under the ICAB Latest Syllabus. The qualification is aimed at students beginning professional accountancy training, and the Certificate Level is the first of the three levels named on the ICAB site: Certificate, Professional and Advanced. The Institute publishes a Study Manual and lists Past Question Papers, Suggested Answers and Sample Question Papers for online examination (Computer Based Testing) for Certificate Level, all of which are the natural preparation route. The ICAB CL Principles of Taxation case studies are 5 cases and about 5,452 words.

1

Director's Loan Account and S455 Charge

Alpha Ltd, a UK resident trading company, has a director, Jane, who is also the sole shareholder. On 1 October 2024, Jane borrowed £120,000 from the company.

749 words, about 4 min
2

VAT Liability on Mixed Supplies

Beta Ltd operates a gym and health club. It charges members a monthly fee of £50 for access to gym equipment, swimming pool, and sauna.

947 words, about 5 min
3

Capital Allowances and Business Premises Renovation

Gamma Ltd, a UK resident company, purchased a disused warehouse in an enterprise zone for £500,000 on 1 April 2024. The building had been unused for 10 years.

1,060 words, about 5 min
4

Employment Status and IR35 for a Consultant

Delta Ltd is a UK company that provides IT consultancy services. It has one director, Sam, who owns 100% of the shares.

1,039 words, about 5 min
5

Capital Gains Tax on Business Disposal and Reliefs

Epsilon Ltd is a UK resident trading company. It has two shareholders: Alex and Ben, who each own 50% of the shares.

1,657 words, about 8 min