Despite our best efforts, some errors will be found in a textbook of this complexity where such frequent changes of regulations make the annual updating of this text a complex task.

Where such errors are discovered by us, or pointed out to us by users of the book, we will list them on this page so that everyone can be informed of any mistakes found.

1. page 139 - George's Age Allowance computation: George's income should be listed as £30,000 (not £28,000). This would then make his restricted age allowance computation £5,940 (£9,490 - 1/2 (£30,000 - £22,900) and so he would be entitled to a normal Personal Allowance of £6,475 as the answer states.

2. page 150 - Class 1 NIC table: the 'Over £844.00 per week' equivalent figure per annum (in brackets) should read £43,875 - not £3,875.

3. page 184 - Feedback for Jane's car and fuel benefit computation (part a) - as this is a diesel car, the correct rate should be 23% not 20%

4. page 248 - Capital allowances proforma: the first sub total in the Main Pool column should read 100,000 (not 110,000) with subsequent amendments to each further sub-total down this column ie 80,000 (not 90,000), 64,000 (not 72,000) and finally 70,000 (not 78,000) - NB this first subtotal is not strictly needed at all in fact and could be left out. Any excess of Plant additions that are not fully covered by AIA will apply next for FYAs this year (as shown in the left hand column in this table correctly) before any balance is added to the main pool.

5. page 286/7 - Note for Richard and Judy Activity - should be amended as follows to reflect the correct potential use of Richard's Annual Exempt Allowance: Note: as Richard is entitled to an annual allowance this year of £10,100, this may mean the sale attracts less CGT than £5,400, if he does not have other gains to take him over the limit. His CGT liability could be as low as (£30,000 - £10,100) x 18% = £3,582. This transfer may have made particular sense if Judy had disposed of other assets using up part (or even all) of her allowance this year and would therefore have had to pay up to the full 18% CGT on the whole gain if she hadn’t transferred it to Richard first.

6. page 468 - Answer for Dave 2009/10 Personal Tax computation: The final dividend tax credit adjustment to compute tax payable should read "Dividends £7511 @ 10%" totalling (751.10) leaving a tax payable of £304.35 (not £415.45 as per answer in the book)

7. page 470 - Question 2 answer for Mr Thistlethwaite - the extension to the basic rate band is not computed correctly in the answer given in the book as the wrong salary for the year is included - the computation should be £2,800 (5% x £33,500) + (£900x100/80) and is therefore extended from £37,400 to £40,200. This does not affect the rest of the computation however, which is correct.

No other errors have been discovered in this edition of the book - do let us know if you find any not listed above.