SQE1 Business Law & Practice Core Tax Grid

Struggling to remember the key tax rules, rates and calculations for Business Law & Practice in SQE1?

This concise revision grid is designed to help you quickly learn, retain, and recall the core tax principles that regularly appear throughout the SQE1 FLK1 syllabus. Instead of searching through lengthy notes and multiple textbooks, this resource brings together the essential tax rules, calculations and key figures into one clear, easy-to-follow grid to support faster revision and stronger exam recall.

What you get:

• A simplified Business Law & Practice Tax Grid covering the core tax topics tested in SQE1
• Key tax rates, allowances, thresholds and calculations in one place
• An easy-reference format designed for rapid revision sessions
• A memory-friendly structure to improve retention and recall before the exam

Topics covered:

• Income Tax (Personal Income)
• Non-Savings Income (NSI)
• Savings Income
• Dividend Income
• Personal Savings Allowance (PSA)
• Value Added Tax (VAT)
• Capital Gains Tax (CGT)
• Business Asset Disposal Relief (BADR)
• Corporation Tax
• Trading Profits
• Capital Allowances (including Annual Investment Allowance, First-Year Allowance and Written Down Allowances)
• Net Current Assets
• Net Assets
• Inheritance Tax (IHT)

Why it helps:

Instead of repeatedly revisiting lengthy notes and textbooks, you can:

• Learn the key tax rules and calculations faster
• Improve memory retention through a simplified revision grid
• Quickly identify and revise the most examinable Business Law & Practice tax topics
• Build confidence when answering SQE1 tax questions
• Use the grid for efficient last-minute revision

Perfect for:

• SQE1 candidates struggling to retain Business Law & Practice tax content
• Students who prefer visual and structured revision tools
• Anyone looking for a quick-reference guide alongside their wider SQE1 preparation

Disclaimer:

This is an independent study aid and is not endorsed by the Solicitors Regulation Authority. It is designed to support, not replace, official SQE1 materials and provider guidance. Always check the latest SQE1 assessment specification and applicable law and practice cut-off date. This resource provides simplified summaries of key Business Law & Practice tax principles for revision purposes only and should not be relied upon as a substitute for comprehensive legal study.

(Version 1 – July 2026)