Find taxes taxing? You’re not alone! With rules and regulations constantly changing, and some of us having to work out our tax bill for ourselves, it’s no wonder that three quarters of us pay too much tax every year. Help is at hand, however, as Tony Levene, a financial journalist with over 30 years experience, gives you the insider’s guide to understanding tax, and paying less of it. This book outlines the basics of the tax system in plain English and shows you how you could save money by avoiding those tax pitfalls and reducing your tax bill. All aspects of tax are covered from child credit, to savings, to pay as you earn schemes, and practical advice is given to show you how your tax savings could soon add up. If you are looking for a light hearted and easy to understand introduction to keeping more of your hard earned cash, look no further!
Inside you’ll find information on:
Getting real with your tax bill
I’m the Taxman – getting to know who you're dealing with
Getting organized
Tying the knot - or not?
Taxing from the cradle onwards
Stopping work but continuing to pay tax
Preparing for the inevitable
Working for someone else
Looking at the perks of the job
Taking a share in your firm's fortunes
Working for yourself can be less taxing
Running a company - and saving tax
Taxing Your Savings
Taxing stocks and shares
Saving tax with bricks and mortar
Understanding life insurance and tax
Planning for your retirement - with some help from the Inland Revenue
Filling in and filing your self-assessment form
Paying for outside help with your tax affairs
Probing into your tax affairs - the pain of an investigation
