Product Description

Find taxes taxing? You're not alone! With rules and regulations constantly changing, and some of us having to work out our tax bill for ourselves, it's no wonder that three quarters of us pay too much tax every year. Help is at hand, however, as Tony Levene, a financial journalist with over 30 years experience, gives you the insider's guide to understanding tax, and paying less of it. This book outlines the basics of the tax system in plain English and shows you how you could save money by avoiding those tax pitfalls and reducing your tax bill. All aspects of tax are covered from child credit, to savings, to pay as you earn schemes, and practical advice is given to show you how your tax savings could soon add up. If you are looking for a light hearted and easy to understand introduction to keeping more of your hard earned cash, look no further! Inside you'll find information on: Getting real with your tax bill I'm the Taxman -- getting to know who you're dealing with Getting organized Tying the knot -- or not? Taxing from the cradle onwards Stopping work but continuing to pay tax Preparing for the inevitable Working for someone else Looking at the perks of the job Taking a share in your firm's fortunes Working for yourself can be less taxing Running a company -- and saving tax Taxing Your Savings Taxing stocks and shares Saving tax with bricks and mortar Understanding life insurance and tax Planning for your retirement -- with some help from the Inland Revenue Filling in and filing your self--assessment form Paying for outside help with your tax affairs Probing into your tax affairs -- the pain of an investigation

Product Details

• Amazon Sales Rank: #2305825 in Books
• Published on: 2005-05-27
• Original language: English
• Binding: Paperback
• 352 pages

From the Back Cover
Covers the basics of the tax system – in plain English

The easy-to-understand guide to reducing your tax bill

Updated to include new information on pensions and the latest figures from the 2006 Budget, this is your essential practical guide to paying less tax. Covering everything from saving for your children, to investing in property, to planning for your retirement – follow this advice and you could make some serious savings.

Discover how to

• Make sense of your self-assessment form
• Limit the tax impact on your earnings
• Keep track of your financial records
• Protect your savings from the taxman
• Reduce ? or avoid ? Inheritance Tax

Praise for Paying Less Tax 2005/2006 For Dummies

'. . . provides easy to follow and practical advice on many complex issues . . .'
—Mortgage Advisor & Home Buyer magazine

'Examines how people can save money in most aspects of their lives . . . It also provides great advice on how to deal with the Inland Revenue.'
—Personal Finance & Savings magazine

About the Author
Tony Levene is a member of The Guardian Jobs & Money team, writing on issues including investment and consumer rights as well as on taxation. He has been a financial journalist for nearly thirty years after a brief foray into teaching French to school children. Over his journalistic career, Tony has worked for newspapers including The Sunday Times, Sunday Express, The Sun, Daily Star, Sunday Mirror, and Daily Express. He has written seven previous books on money matters including Investing For Dummies. Tony lives in London with his wife Claudia, 'virtually grown up' children Zoe and Oliver, and cats Plato, Pandora, and Pascal.

Customer Reviews

Tax Question
If a parsley farmer were to go bankrupt, would the government "Garnish" his wages?