Tax Facts: Personal and Business Tax Matters

"Tax Facts" is a straightforward guide to taxation in the UK. It explains how each principal tax works and describes what their implications are. It is a practical and jargon-free handbook which renders the complexities of taxation accessible to both individuals and companies. The 1993 Budget is explained in great detail, along with all the principal areas of taxation, including Income Tax, National Insurance, Value Added Tax, Corporation Tax, Capital Gains Tax and Inheritance Tax. The book reveals how the individual and the company can benefit from careful tax planning. It describes the most effective methods of organizing financial affairs in order to minimize reliefs, allowances and exemptions. The second edition of "Tax Facts" is a reference source for those paying taxes and, most importantly, looking to cut down their tax bills.