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"The burden of taxation" arises because of the prodigy that the reliance on taxation to raise public finance creates. Tax is also used to transfer resources from wealthy members of society to the less well off in an equitable manner.
Tax is distributed into three different categories: Schedule D, Schedule E and Schedule F. Schedule D is then sub-divided into four different cases, Case 1, Trading Profits, Case 2, Self-Employed professionals e.g. barristers or doctors, Case 3, National Loan Stock/Foreign Income, Case 4, D.I.R.T., Account Interest and Case 5, Rental Income. Schedule E deals with emoluments from employment/ P...
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