UK Business Tax Guide - 1993/94

This is the second edition of "UK Business Tax Guide".

Although the book is written specifically for business people or for those thinking of starting a business, professional advisers and students should also find this a useful reference. The book sets out to illustrate how business decisions have an impact on the amount of tax paid.

It contains examples which show how to carry out a business transaction in a slightly different way so that less tax is paid.

The book offers advice on PAYE and accounting for VAT, as well as explaining the tax effect of more complicated systems, such as setting up an employee share option scheme, buying or selling a business, or seeking a stock exchange quotation. This guide explains: what to expect from the Inland Revenue and what they can expect from you; who to contact for more information; how to claim capital allowances; how tax can affect your retirement plan; what to do if you want to make a gift of the business; and what tax reliefs are available if the business is not making a profit.

Important technical terms are explained, as are the basic principles which underlie some of the tax rules.

Wherever possible, tax jargon and reference to legislation are avoided.

Where appropriate, explanations are supplemented with worked examples.