Guide to self-assessment for employers and employees

Explaining how self-assessment works, this overview is designed to give a rapid understanding of the relevant provisions.

This edition features coverage of the new provisions introduced by the Finance Act 1996, including retention of records; greater coverage of payments of tax on account; interaction of personal pension premiums with self-assessment; a new chapter on completion of the new-style self-assessment tax return; PAYE settlement agreements; tables of important dates for employers and employees; use of the Fixed Profit Car Scheme (FRCS); and greater coverage on penalties for the late filing of tax returns.

This work is intended for tax practitioners (principally small firms and sole practitioners) who deal with the tax affairs of employers and employees.