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UK Tax Guide Employed Self Employed And Business Owner Tax Saving Tactics 2018
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Itm Analysis
Cover Type:Hardcover
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Book details
ISBN: 198497839X, 978-1984978394
Book publisher: CreateSpace Independent Publishing Platform (January 25, 2018)
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Book Summary: 5.5 million people in the UK are paying more income tax than they should, according to Gov.UK data. Many are unknowingly missing out on allowances and deductions they can claim and save hundreds and thousands of pounds every year.This reference guide is essential reading for all PAYE taxpayers, self-employed and small business owners including limited companies, sole traders and partnerships. It will provide you with tax saving tactics and guidance on becoming tax efficient, and help you claim for allowances and benefits to increase your savings.The guide includes valuable tips on completing your self-assessment and do’s and don’ts to keep in mind while submitting your tax return. Almost every expense that you can justify as related to your business will allow for some deductions but you must keep records of all expenses and understand how to claim for it.Information provided in this guide will help you check if you qualify for a tax refund, how to claim for it, and how to apply for a tax relief. It is possible to claim back some allowances you may have missed for the previous four years.Table of ContentsHow to use this guideWhy you could be overpaying and may qualify for a Tax refundNew changes for Tax year 2018/19The big Allowances and Benefits you may have missed Tax Saving Tactics for Self-employed and Business Owners Benefits you are entitled to Smart Tips and Best Practices Recommendations for Self Employed and Business Owners Recommendations for PAYE TaxpayersCompanies, organisations and resources mentioned:Gov.uk, HMRC, Taxback.co.uk, Workmileagetaxrebate.co.uk, Childcarechoices.gov.uk, National Trust, SimplyBusiness.co.uk, Which, SimpleTax, Intuit QuickBooks, and Listentotaxman.com
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