Allied Dunbar Tax Handbook 2000-2001 - Softcover

Foreman, Mr Anthony

Softcover

ISBN 10: 0273650432 ISBN 13: 9780273650430

Publisher: Financial Times/ Prentice Hall, 2000

Synopsis

 Minimise your tax payments.  Maximise your wealth.  The new 2000-2001 edition of the Allied Dunbar Tax Handbook continues the tradition of accessible and comprehensive coverage of all aspects of taxation. Fully revised and updated, this edition will incorporate all the latest changes following the Finance Act 2000. It offers sound practical advice on how to cope with self-assessment and covers the entries in your Tax Return on a line-by-line basis. It provides detailed information on the complete range of taxes including CGT, VAT, stamp duty, inheritance tax and national insurance.  Know what you have to pay and when  This detailed book has to be your first choice for shrewd tax advice and saving hints. Whether you are a financial adviser, accountant, solicitor, company secretary, finance director or a private individual who wants to find out about your own tax situation, it provides all the information you need to manage your tax affairs, minimise your tax payments and maximise your wealth. What's more, the extensive user-friendly cross referencing means that all this information is instantly accessible.  New for this edition  Self-Assessment - The Treasury is £1bn better off since the introduction of self-assessment. This has been generated via penalties and interest. Use the Tax Handbook to avoid these unnecessary costs. This edition also looks at:

• discounts for filing via the Internet
• revenue self-assessment notices considered to be invalid

 Taxation of Self-Employed, including:

• the new 100% first year allowances for Internet expenditure by small businesses
• teething problems with the new construction industry tax deduction scheme

 Directors & Employees, including:

• the new employee share scheme which can earn employees £7500 worth of shares per annum
• enterprise management incentives - key employees need to pay only 10% tax on share options
• the reform of company car taxation

 Taxation of Savings - Use up your unused pension relief in 2000-01 whilst the present rules still apply! New stakeholder pensions will come into operation from April 2001. Also:

• ISAs are given a further boost
• welcome improvements are made to the Enterprise Investment Scheme
• Venture Capital Trusts are made more attractive

 Capital Gains Tax - Major changes mean that many individuals selling business assets need to pay only 10% from April 2002... and the definition of business assets contains some surprises. Also:

• more anti-avoidance legislation

 Offshore Trusts - The High Court decides that an interest free loan can trigger a tax liability for a beneficiary.  Company Tax, including:

• corporate venturing - tax reliefs may mean that a new source of venture capital will open up
• major improvements to group reliefs for non-UK companies acquiring UK subsidiaries
• the new corporation tax self-assessment regime which has come into operation

 Tax and Employers - Working family tax credits and student loan payments. The administration falls on employers.  Stamp Duties - Stamp Duty goes up yet again... and more loopholes are blocked.  Charities - New reliefs and incentives for charitable giving.  Contents include Coping with Self-Assessment Managing Your Tax Affairs - And Saving Tax Tax & Self Employment Employment Income Income from UK Property Income from Savings Personal Allowances The Taxation Treatment of Maintenance Interest on Qualifying Loans Annual Payments which Attract Tax Relief Tax Efficient Investment Life Assurance & Pensions Capital Gains Tax The Calculation of Capital Gains Capital Gains Tax & Business Transactions Inheritance Tax & Individuals The Taxation of Trusts Dealing with The Revenue Anti-Avoidance Legislation Residence Status The Income & Capital Gains of Foreign Domiciliaries National Insurance Contributions & Social Security Benefits Tax & Companies Outline of VAT Stamp Duty Tax Tables  

About this title

Review:

"The most detailed tax guide we have come across - in fact all you ever wanted to know about tax in one book, including self-assessment."   - Money Management Magazine     "A plain speaking heavyweight handbook, detailed and comprehensive"   - The Times

 

"With self-assessment now in force, the need for a readable tax guide has never been greater. The Tax Handbook amply fits the bill"   - Financial Advisor

About the Author:

Anthony Foreman is a Tax Partner with Pannell Kerr Forster, one of the ten largest firms of Chartered Accountants. He is a Fellow of the Chartered Institute of Taxation, has been a Member of the Chartered Accountant Tax Technical Committee and currently represents ICAEW at meetings with the inland Revenue.

About this edition

• Publisher: Financial Times/ Prentice Hall
• Publication date: 2000
• ISBN 10: 0273650432
• ISBN 13: 9780273650430
• Binding: Paperback
• Edition number: 1
• Number of pages: 688