Paying tax is something no-one can escape, but if people had a better understanding of how the system worked they'd be far wiser with their money, and potentially make significant savings. Tax 2010/2011 For Dummies gives readers easy to understand advice on every aspect of tax - from child credit and investments to pensions and inheritance tax - allowing them to gain greater control over their finances. This up-to-date guide will provide the nine million people who have to work out their own tax bill with jargon-free, step-by-step advice on completing a self-assessment form. Covering the rules and regulations of the 2010/2011 tax year, this manual will help readers stay on top of the changing policies and fulfil their legal obligations.
Tax 2010/2011 For Dummies includes:
Part I: Tax Facts
Chapter 1: Thinking About Tax
Chapter 2: Understanding the UK Tax System
Chapter 3: Self-Assessing
Chapter 4: Working out how much Tax is Due
Part II: Tax Through Your Ages
Chapter 5: Making Tax-Efficient Investments
Chapter 6: Investing in Property
Chapter 7: Planning for Your Retirement
Chapter 8: Passing on the Family Wealth
Part III: Pensions and Benefits
Chapter 9: Understanding UK Pensions
Chapter 10: Paying Tax on Your Pension
Chapter 11: Receiving State Benefits and Tax
Part IV: Working for Someone Else
Chapter 12: Starting Employment
Chapter 13: Understanding Your PAYE Tax Code
Chapter 14: Receiving Expenses and Benefits
Chapter 15: Sharing Your Employer's Fortunes
Part V: Working for Yourself
Chapter 16: Starting a Business
Chapter 17: Running the Business
Chapter 18 Incorporating Your Business
Part VI: The Part of Tens
Chapter 19: Ten Top Tax-Saving Tips
Chapter 20: Ten Top Tips for Dealing with HM Revenue & Customs
Chapter 21: Ten Top Tips for Starting your own Business
Further Guidance
HMRC Helplines
Pensions Guidance
Benefit Rates