1. Introduction.

The purpose of this title is to provide a broad overview of the general principles and the main legislation relating to taxation; detailed matters such as exactly how the taxes are calculated are outside the scope of this work. Some reference is made throughout the title to guidance from Her Majesty's Revenue and Customs and to relevant case law where appropriate although it is not intended that the coverage be comprehensive. There is also limited coverage of specialised material concerning banks, insurance companies and similar organisations.