Please read the instructions for this assignment thoroughly to understand how to complete this paper to a high level. The word count for this paper is 1,200. Assignment Title: ‘Major Examples of Business Tax Policy in the UK: A Critical Analysis’ Perform a critical analysis of the current approach to the taxation of businesses in the UK. You should explain the reasons for having different taxes for sole traders and incorporated businesses and why there are different taxes for income and capital gains. Consider the challenges that confront policy makers and legislators in the UK and attempts to overcome the issue of complexity in the tax system. It may be helpful to make references where appropriate to some statutes and cases with relatively brief discussions to illustrate your own analysis and ideas (please avoid excessive detail and desсrіption and be careful not to exceed the word count limit – see below). The following specific themes should be covered: 1. Give examples of how fundamental tax principles and UK tax policies are reflected in important tax law for UK businesses – relatively brief points only. 2. Should there be different tax concessions for different types of businesses? 3. Your own conclusions and recommendations for UK tax policy in the future. Please present your assignment answer in the style of an article or paper that might appear in a professional or academic journal (it is a much shorter piece of work of course being only 1,200 words) – you should include references to some relevant professional and academic journals using the Harvard Referencing System. Please ensure that your paper is clearly structured. Please note that quite extensive reading will be needed to explore this topic and secure a good mark. Your paper does not need to include an ‘abstract’ but there should be a proper introduction section, other relevant sections (as you consider useful) and a strong ‘conclusion’ section. It is usually clearer if you use a business-like approach with headings for the different sections such as ‘Introduction’, headings for the various topics or themes and ‘Conclusion’. Marks will be available for demonstrating critical analysis, original ideas and meaningful recommendations.
