Author Description

Year after 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. Every year, over half a million people miss that last filing deadline, incurring automatic fines of £100 or more. This is the book that will help you: pay only the minimum tax (showing you where you may be overpaying and what to do about it) how to avoid the self assessment pitfalls It's designed to make an unpleasant task as easy as possible and save you tax at the same time. Annually updated, the book always includes the latest budget changes, so the advice is always bang up-to-date. And it's written in easily understood jargon free language, so you'll get the most from the information, with the least effort. Inside the book you will find: a step-by-step guide to completing your tax return 100 tax-saving ideas advice on dealing with your tax office how to claim back the tax you are owed guidance on the new tax credits, including how to maximise the amount you can claim tips on tax-efficient investments all you need to know about how the Budget 2006 affects you