Tolley's Tax Guide

Written by experts in clear, concise English, "Tolley's Tax Guide" is the number 1 reference work for tax professionals and self-assessment individuals alike.

Its analysis of all the latest tax legislation, logical structure and comprehensive coverage make it the obvious first port of call when you want to find up-to-the-minute answers in seconds.

Looking at everyday situations, found both in commercial and personal spheres, it explains all the relevant UK taxes which must be taken into consideration and includes: approximately 150 worked examples; numerous checklists and tax planning aids; clear layout and headings, allowing you to identify the exact information you need; and tables of 2006-07 tax rates and allowances so you can find the latest information at the turn of a page.

Covering all aspects of taxation in the UK, the guide is divided into eight major sections: Outline of the UK tax system; Employment; Pensions; Trades, professions and vocations; Land and buildings; Tax and the family; Investment; and many other areas including trusts and estates and overseas issues. Fully updated every year, the 2006/7 edition covers these new areas: new pension scheme provisions from April 2006, including restrictions on recycling lump sums and anti-avoidance provisions for 'alternatively secured pensions; changes to employee benefit provisions; abolition of corporation tax starting rate and non-corporate distribution rate; changes to group relief provisions for companies; new rules enabling property companies to become 'Real Estate Investment Trusts'; new film tax reliefs; wide-ranging changes to the tax treatment of trusts; new anti-avoidance provisions for charities; and new VAT provisions to combat missing trader fraud.