Mastering Derivatives Markets A Step-By-Step Guide to the Products, Applications and Risks

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 & CapitalTaylor, Francesca is the author of 'Mastering Derivatives Markets A Step-By-Step Guide to the Products, Applications and Risks', published 2001 under ISBN 9780273650430 and ISBN 0273650432.