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<br /> ISSUE 3<br /> MARCH<br /> 2012<br /> icaew.com/taxfac<br /> TAXline<br /> “The time to catch our future taxpayers is when they are young” REBECCA BENNEYWORTH<br /> International<br /> trade<br /> Who is to decide<br /> the ground rules<br /> for taxing profits?<br /> The public<br /> perception of tax<br /> Helping people<br /> get to grips with<br /> the tax system<br /> It is better to give<br /> than to receive!<br /> The Gift Aid rules<br /> Capital allowances<br /> Claims for<br /> residential property<br /> Great value, easy to use software for tax specialists<br /> There's never been a better<br /> time to be a PTP customer<br /> Whether you're renewing or a new customer,<br /> we've got some unbeatable offers.<br /> iXBRL<br /> Comp an<br /> li t<br /> 3 YEAR<br /> Pr ce F x<br /> ii<br /> Unbeatable<br /> Offers<br /> Don't miss out, call us today 0844 815 5719<br /> PTP is a trade mark. © PTP Software Ltd 2/2012. All rights reserv<a title="TaxlineMarch page 1" href="http://viewer.zmags.com/publication/a447d238?page=1"> ISSUE 3 MARCH 2012 icaew.com/taxfac TAXline “T</a> <a title="TaxlineMarch page 2" href="http://viewer.zmags.com/publication/a447d238?page=2"> Great value, easy to use software for tax special</a> <a title="TaxlineMarch page 3" href="http://viewer.zmags.com/publication/a447d238?page=3"> TAXLINE Contents Issue 3 March 2012 LEBEC, I</a> <a title="TaxlineMarch page 4" href="http://viewer.zmags.com/publication/a447d238?page=4"> WELCOME Welcome to TAXline for March 2012 Tha</a> <a title="TaxlineMarch page 5" href="http://viewer.zmags.com/publication/a447d238?page=5"> EDITORIAL Rebecca Benneywo</a> <a title="TaxlineMarch page 6" href="http://viewer.zmags.com/publication/a447d238?page=6"> TAXline they could work it out fo</a> <a title="TaxlineMarch page 7" href="http://viewer.zmags.com/publication/a447d238?page=7"> BRIEFING CORBIS INTERNATIONAL TRADE: How profit</a> <a title="TaxlineMarch page 8" href="http://viewer.zmags.com/publication/a447d238?page=8"> TAXline Two major differences betwee</a> <a title="TaxlineMarch page 9" href="http://viewer.zmags.com/publication/a447d238?page=9"> BRIEFING IAN YOUNG Ian Young is a technical ma</a> <a title="TaxlineMarch page 10" href="http://viewer.zmags.com/publication/a447d238?page=10"> TAXline It is better to give than to receive</a> <a title="TaxlineMarch page 11" href="http://viewer.zmags.com/publication/a447d238?page=11"> payments to charities. In the “dark ages” there w</a> <a title="TaxlineMarch page 12" href="http://viewer.zmags.com/publication/a447d238?page=12"> TAXline A gift o</a> <a title="TaxlineMarch page 13" href="http://viewer.zmags.com/publication/a447d238?page=13"> BloomsburyProfessionalOnline.com Sign-up for you</a> <a title="TaxlineMarch page 14" href="http://viewer.zmags.com/publication/a447d238?page=14"> TAXline Capital allowances and residential p</a> <a title="TaxlineMarch page 15" href="http://viewer.zmags.com/publication/a447d238?page=15"> BRIEFING HMRC will n</a> <a title="TaxlineMarch page 16" href="http://viewer.zmags.com/publication/a447d238?page=16"> TAXline Deadlines and dates This month we </a> <a title="TaxlineMarch page 17" href="http://viewer.zmags.com/publication/a447d238?page=17"> DEADLINES ROBIN HEIGHWAY-BURY/IKON IMAGES </a> <a title="TaxlineMarch page 18" href="http://viewer.zmags.com/publication/a447d238?page=18"> CCH Fee Protection Exclusive Offer By the end of</a> <a title="TaxlineMarch page 19" href="http://viewer.zmags.com/publication/a447d238?page=19"> PRACTICAL POINTS Practical points Tips an</a> <a title="TaxlineMarch page 20" href="http://viewer.zmags.com/publication/a447d238?page=20"> TAXline BUSINESS TAX Key points to n</a> <a title="TaxlineMarch page 21" href="http://viewer.zmags.com/publication/a447d238?page=21"> PRACTICAL POINTS 47. POST-CES</a> <a title="TaxlineMarch page 22" href="http://viewer.zmags.com/publication/a447d238?page=22"> TAXline than u</a> <a title="TaxlineMarch page 23" href="http://viewer.zmags.com/publication/a447d238?page=23"> PRACTICAL POINTS are still app</a> <a title="TaxlineMarch page 24" href="http://viewer.zmags.com/publication/a447d238?page=24"> TAXline </a> <a title="TaxlineMarch page 25" href="http://viewer.zmags.com/publication/a447d238?page=25"> PRACTICAL POINTS TRUSTS 59. 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