Product Description

Tax is getting more and more complicated and every year millions of people pay more tax than they need to. With a little planning you can ensure you exploit your tax allowances and take steps to cut your tax bill.

If you are one of the nine million people who get a self assessment tax return, you are required by law to complete it correctly and on time. Last year, the Inland Revenue collected hundreds of millions of pounds in extra tax through enquiries into incorrect returns. This book will help you:

• pay only the minimum tax (showing you where you may be overpaying and what to do about it)

• avoid the self assessment pitfalls

Inside the book you will find:

• a step-by-step guide to completing your tax return, including 175 tax-saving ideas

• advice on dealing with your tax office

• guidance on the new tax credits, including how to maximise the amount you can claim

• tips on tax-efficient investments.

Product Details

• Amazon Sales Rank: #328901 in Books
• Published on: 2008-07-25
• Original language: English
• Binding: Paperback
• 448 pages

Review
"A must for anyone faced with a self-assessment form" - Start Your Business Magazine, July 2006

From the Back Cover

‘A must for anyone faced with a self-assessment form.’

Start Your Business Magazine
 

Every year, millions of people pay more tax than they need to. Don't be one of them!  Annually updated, The Financial Times Guide to Personal Tax includes the Chancellor’s surprise May 2008 tax changes as well as the latest Budget measures, so its advice is the most bang up-to-date you can get.  It's written in easy-to-understand, jargon-free language, so you'll get the most from the information with the minimum of effort. And you could save a lot of money!

This is the smart guide to understanding your tax, specially designed to make an unpleasant task as easy as possible and save you money at the same time. It will help you:

• Understand the effects of the May 2008 'mini-Budget'
• Pay as little tax as legally possible, showing you where you may be overpaying and what to do about it
• Avoid the self-assessment pitfalls
• Fill in your new-style tax form correctly and efficiently, so you can return it on time and avoid the late submission penalty
• Beat the deadlines: 31 October 2008 deadline for paper returns, 31 January 2009 deadline to file online

About the Author

Sara Williams is a former investment analyst and financial journalist. She has contributed many articles on tax and finance for national newspapers and for a number of years wrote for Which?, including the Which? Tax-Saving Guide and the Which? Book of Tax. She is also the author of the best selling,  FT Guide to Business Start Up.

Customer Reviews

Watch out! Not the tax dates I expected.
It's now July 2009, and I am preparing to fill in my self-assessment form for the tax year 2008-09. So I buy this book, which says it is for tax year 2008-09.

The first part is about the budget and tax rules for 2008-09, that's fine. But the second part is detailed help in how to fill in your self-assessment form for 2007-08. That's last year's tax form, for which the filing dates have long since passed! If this book is still for sale, there should for sure be a warning on it that it won't help you file your taxes for the year in the title.

It was a waste of money, which I will try to get refunded so that I can buy another book to help me with my tax filing for 2008-09.