Publisher's Synopsis
This is the fifth edition of the annual "Which?" guide to saving tax. It explains how the tax rules work, and includes the changes introduced by the 1994 Budget. The book shows how those who are employed, self-employed, out of work or retired can all probably make savings on the amount of tax paid to the Inland Revenue. Familiarity with the tax rules means that they can be applied to an individual's advantage, and for the nine million taxpayers who will need to understand the new self-assessment system which comes into effect at the end of the 1996-7 tax year, getting it wrong could mean penalties. The guide covers homes, families, pensions, inheritance and employment.