Tax for the Self-employed

Paying less tax in one of the biggest burdens faced by business proprietors and the self-employed, not just because of the amount but also because of the complexity of the tax system. This second edition is a guide to the way tax affects the self-employed and the small businessman. As the effects of high interest rates and inflation take their toll on the economy, this book aims to act as a point of reference for advice on your financial and tax position. It includes guidance on when expert advice should be sought, highlights areas where problems are frequently encountered, indicates where tax savings can be achieved, and gives advice on how to dispute a tax bill. This edition includes material on the Uniform Business Rate which replaces the different local taxes and its effect on the community charge on private residences used as offices. It covers the new rules of VAT being charged on land and buildings and covers Independent Taxation which effects personal and married couple's allowances fundamentally.
 
Paying less tax in one of the biggest burdens faced by business proprietors and the self-employed, not just because of the amount but also because of the complexity of the tax system. This second edition is a guide to the way tax affects the self-employed and the small businessman. As the effects of high interest rates and inflation take their toll on the economy, this book aims to act as a point of reference for advice on your financial and tax position. It includes guidance on when expert advice should be sought, highlights areas where problems are frequently encountered, indicates where tax savings can be achieved, and gives advice on how to dispute a tax bill. This edition includes material on the Uniform Business Rate which replaces the different local taxes and its effect on the community charge on private residences used as offices. It covers the new rules of VAT being charged on land and buildings and covers Independent Taxation which effects personal and married couple's allowances fundamentally.